Fraud is on the rise in Australia putting many companies out of pocket and in some cases even out of business. The potential cost of fraud to your business can extend well beyond its bottom line. The discovery of fraud can jeopardise the reputation of your business in the market place and consequently diminish its value.
Perhaps the biggest fallout for a business is the sense of betrayal that can follow such an offence. Research has revealed that the most likely offender is a long serving and trusted employee. The feeling of betrayal can in turn result in a loss of productivity due to falling staff morale.
Today, the variety of schemes used to defraud a business is astounding and can range from falsifying expense claims, to setting up a secondary business and submitting false or inflated invoices. A great number of these offences go undiscovered as many businesses do not have systems in place to uncover fraud even where it may be suspected.
Let William Buck give you peace of mind
William Buck’s Fraud Investigation and Prevention team brings together the expertise and experience of forensic accountants, internal audit and risk management specialists to provide a fully integrated service.
Fraud is on the rise in Australia putting many companies out of pocket and in some cases even out of business. The potential cost of fraud to your business can extend well beyond its bottom line. The discovery of fraud can jeopardise the reputation of your business in the market place and consequently diminish its value.
Perhaps the biggest fallout for a business is the sense of betrayal that can follow such an offence. Research has revealed that the most likely offender is a long serving and trusted employee. The feeling of betrayal can in turn result in a loss of productivity due to falling staff morale.
Today, the variety of schemes used to defraud a business is astounding and can range from falsifying expense claims, to setting up a secondary business and submitting false or inflated invoices. A great number of these offences go undiscovered as many businesses do not have systems in place to uncover fraud even where it may be suspected.
Let William Buck give you peace of mind
William Buck’s Fraud Investigation and Prevention team brings together the expertise and experience of forensic accountants, internal audit and risk management specialists to provide a fully integrated service.