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The Enron and WorldCom frauds
were highly publicized but represent only two of many
according to a recent survey by the Association of Certified
Fraud Examiners (ACFE).
Fraud is a significant potential problem for all
organizations.
Management is responsible for
designing and implementing systems and procedures for the
prevention and detection of fraud and, along with the board
of directors, for ensuring a culture and environment that
promotes honesty and ethical behavior. Do you know if your
organization is prepared?
The ACFE provides tools and resources free of charge at
www.acfe.com/fraud/tools.asp
to assist in fraud prevention, detection and
investigation.
We encourage your management
and board of directors to take advantage of these resources
as it creates and implements the organization's formal
antifraud policies and procedures.
For more information contact
Greg Owens or John Parrish at 913-338-3500 or
ko@kellerowens.com.
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