BizKnowledge Watch

PricewaterhouseCoopers and INSEAD have published a report entitled “Economic Crime in a Downturn,” based on a survey of more than 3,000 companies in 54 countries. The economic downturn has caused a global upsurge in accounting fraud and induced more middle managers to commit economic crimes. The report finds that:
-Fraud remains one of the most problematic [...]

Kroll and The Economist Intelligence Unit have conducted a worldwide survey on fraud and its effect on business during 2009. A total of 729 senior executives took part in it. The report highlights that financial services have clearly been hardest hit by fraud and wrongdoing. Over half of the respondents in this sector reported that [...]