Review of fraud statistics related to small businesses and how clients may be impacted

Fraud happens in organizations of all sizes and the numbers prove this. The Annual Report to the Nations published by the Association of Certified Fraud Examiners provides detailed statistics on the cost of fraud, profiles of a fraudster, where fraud takes place within an organization and key warning signs. This is the largest global study on occupational fraud which explores schemes, victims and perpetrators of fraud published by the Association of Certified Fraud Examiners.

Understanding the numbers helps in discussions with clients and being aware of the risks of fraud.