Countering Fraud for Competitive Advantage: The Professional Approach to Reducing the Last Great Hidden Cost

As the title suggests, Countering Fraud for Competitive Advantage presents a compelling business case for investing in anti-fraud measures to counter financial crime. It looks at the ways of reaping a new competitive advantage by substantially reducing the hidden cost of fraud. Aimed at a wide business community and based on solid research, it is the only book to put forward an evidence-based model for combating corporate fraud and financial crime.

Despite its increase and capture of the news headlines, corporate fraud is largely ignored by most organizations. Fraud is responsible for losses of up to nine percent of revenues—sometimes more. Yet, most organizations don't believe they have a problem and don't always measure fraud losses. This highlights an area for capturing a competitive advantage—with the right counter-fraud strategy, massive losses due to the cost of fraud can be reduced for a fraction of the return.

• Advocates a new model for tackling fraud and illustrates theories with best practice examples from around the world
• The authors have close links with the Counter Fraud Professional Accreditation Board: Jim Gee is a world–renowned expert in the field, and has advised private companies and governments from more than 35 countries. Mark Button is Director of the leading Centre for Counter Fraud Studies, Portsmouth University, U.K.

Organizations are losing millions of dollars to fraud. This book outlines a comprehensive approach to reducing financial crime and helping return some of the revenue lost to the cost of fraud.

Avainsanat: fraud, corporate fraud, financial crime, cost of fraud, anti-fraud law, anti-fraud legislation, anti-fraud policies, fraud risk, fraud prevention, fraud investigation, forensic accountancy, anti-fraud regulations, anti-fraud practice, anti-corruption and anti-fraud policies, company directors' responsibilities, legal compliance, countering fraud, anti-fraud measures, anti-fraud audit, measure fraud losses, counter-fraud strategy, tackling fraud, reducing fraud, counter fraud intelligence, fraud and security, hidden cost of fraud, fraud in organizations, counter-fraud investment, Counter Fraud Professional Accreditation Board (CFPAB), Countering Fraud for Competitive Advantage: The Professional Approach to Reducing the Last Great Hidden Cost, Mark Button, Centre for Counter Fraud Studies, Portsmouth University, Jim Gee, Director of Counter Fraud Services, MacIntyre Hudson LLP, Centre for Counter Fraud Studies, fraud, corporate fraud, financial crime, cost of fraud, anti-fraud law, anti-fraud legislation, anti-fraud policies, fraud risk, fraud prevention, fraud investigation, forensic accountancy, anti-fraud regulations, anti-fraud practice, anti-corruption and anti-fraud policies, company directors' responsibilities, legal compliance, countering fraud, anti-fraud measures, anti-fraud audit, measure fraud losses, counter-fraud strategy, tackling fraud, reducing fraud, counter fraud intelligence, fraud and security, hidden cost of fraud, fraud in organizations, counter-fraud investment, Counter Fraud Professional Accreditation Board (CFPAB), Countering Fraud for Competitive Advantage: The Professional Approach to Reducing the Last Great Hidden Cost, Mark Button, Centre for Counter Fraud Studies, Portsmouth University, Jim Gee, Director of Counter Fraud Services, MacIntyre Hudson LLP, Centre for Counter Fraud Studies, fraud, corporate fraud, financial crime, cost of fraud, anti-fraud law, anti-fraud legislation, anti-fraud policies, fraud risk, fraud prevention, fraud investigation, forensic accountancy, anti-fraud regulations, anti-fraud practice, anti-corruption and anti-fraud policies, company directors' responsibilities, legal compliance, countering fraud, anti-fraud measures, anti-fraud audit, measure fraud losses, counter-fraud strategy, tackling fraud, reducing fraud, counter fraud intelligence, fraud and security, hidden cost of fraud, fraud in organizations, counter-fraud investment, Counter Fraud Professional Accreditation Board (CFPAB), Countering Fraud for Competitive Advantage: The Professional Approach to Reducing the Last Great Hidden Cost, Mark Button, Centre for Counter Fraud Studies, Portsmouth University, Jim Gee, Director of Counter Fraud Services, MacIntyre Hudson LLP, Centre for Counter Fraud Studies, fraud, corporate fraud, financial crime, cost of fraud, anti-fraud law, anti-fraud legislation, anti-fraud policies, fraud risk, fraud prevention, fraud investigation, forensic accountancy, anti-fraud regulations, anti-fraud practice, anti-corruption and anti-fraud policies, company directors' responsibilities, legal compliance, countering fraud, anti-fraud measures, anti-fraud audit, measure fraud losses, counter-fraud strategy, tackling fraud, reducing fraud, counter fraud intelligence, fraud and security, hidden cost of fraud, fraud in organizations, counter-fraud investment, Counter Fraud Professional Accreditation Board (CFPAB), Countering Fraud for Competitive Advantage: The Professional Approach to Reducing the Last Great Hidden Cost, Mark Button, Centre for Counter Fraud Studies, Portsmouth University, Jim Gee, Director of Counter Fraud Services, MacIntyre Hudson LLP, Centre for Counter Fraud Studies, Auditing / Internal