Business Leaders Fear Fraud Rise
Monday, 26th February 2024 at 10:57amAccording to the IFA Magazine website, a recent survey shows that business leaders are worried that worsening economic conditions are driving up financial crime.
Fraud was the third highest-ranked risk this year, with theft/improper spending of company money and false accounting and reporting also appearing in the top 10.
Ian Peters, Director of Institute of Business Ethics (IBE), commented: “While fraud is an ongoing challenge for many organisations, tough economic conditions put greater pressures on organisations and individuals – giving rise to unethical behaviours like financial crime.”
To read the full story, click here.
(This will open a new browser window which will take you directly to the online source of the original article.)