Press release
Deliberate market focus drives solid growth
Deliberate market focus drives solid growth for Grant Thornton
The personal profile of most perpetrators is similar to that of an honest individual
The lack or inadequacy of internal controls contribute to the occurrence of frauds.
No organization is free from the risk of frauds, but the typical victim is a private profit company
In most cases (68%) frauds are detected by tips, internal audit and management review.
Misappropriation is the most common form of occupational fraud, besides corruption and financial statements frauds.