Responding to COVID-19: insight, support and guidance

annual global fraud survey


The Association of Certified Fraud Examiners have released their report on their global survey of occupational fraud and corruption.

Key highlights from the report include:

  • An estimate that 5% of revenues is lost to fraud.
  • The average value of fraud identified was $145,000.
  • Frauds were running for an average 18 months before being identified
  • The presence of anti-fraud controls is associated with reduced losses and shorter fraud duration.

The full report is available on the ACFE website.