Analyze Every Transaction in the Fight Against Fraud
Occupational fraud is a dominant form of white collar crime that exacts a significant toll on the organizations that fall prey to it, investors, financial institutions, as well as the overall economy. The Association of Certified Fraud Examiners estimates that a typical organization loses seven percent of its annual revenues as a result of occupational fraud and abuse….
Automating Fraud Detection Guide
Data analysis can play a critical role in identifying indicators of fraud in most business process areas. By implementing risk and control data analytics to regularly monitor business transactions—and integrating them into an overall risk and control process—management can identify and respond quickly to red flags, and reduce the risk of fraud escalation. Through a discussion of typical frauds, detection processes and tests, you will learn how to achieve results by applying data analysis software in key business areas.