Fraud Alert: The ACFE Puts a Spotlight on White Collar Crime

The average organization loses 5% of its annual revenues to fraud, according to the 2016 Report to the Nations on Occupational Fraud and Abuse published by the Association of Certified Fraud Examiners (ACFE). Bear in mind, that's the top line of your income statement, not the bottom. So, for every $1 million in annual revenue, your company is expected to lose an average of $50,000 to Continue Reading