Fraud risk increases in difficult economies | KPMG | TH

Fraud risk increases in difficult economies

Fraud risk increases in difficult economies

Key suggestions for fraud risk management programs to help achieve the highest level of integrity and mitigate the risk of fraud.

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Fraud risk increases in difficult economies

During recessions and periods of economic distress, there is usually increased pressure on organizations to manage costs and conserve. There are also greater incentives for employees, suppliers, customers, agents and others to commit fraud.

This edition of Forensic Focus provides key suggestions for fraud risk management programs to help achieve the highest level of integrity and mitigate the risk of fraud.

What people-based solutions can be implemented to help reduce fraud risk in difficult economies?

Even though there is no way to completely eliminate the risk of fraud, companies need to address fraud risks by ensuring the appropriate preventive and detective controls are present and properly monitored.

Contact us to learn more about how our fraud risk management professionals can help your organization.

© 2017 KPMG LLP, a Canada limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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