Corporate fraud is pervasive, but much still goes unreported to the regulatory and criminal justice authorities. The most recent fraud estimate from the National Fraud Authority has been well publicised and is stark: the private sector is thought to have lost over £45 billion, with larger enterprises accounting for more than half of it. But even such worryingly large totals are only estimates. Much fraud still goes completely undetected and plenty more is discovered but never reported.
So says the Fraud Advisory Panel ahead of their free breakfast masterclass held on November 22 with the North East Fraud Forum. The morning at the University of Newcastle will focus on the latest developments in relation to corporate fraud, how incorporation is being used by the unscrupulous to prey upon businesses, and what businesses – small and large – can do to report fraud and take the necessary steps to protect themselves for the future.
Guest speakers include: Ros Wright and Martin Robinson (Fraud Advisory Panel), and David Prior (NEFF and Independent Forensic Accounting Ltd). It will be chaired by Alan Doig (NEFF).
Further information: download the programme at –
http://www.fraudadvisorypanel.org/documents/File/FAP%20NEFF%20Joint%20Masterclass%20(Final)%2001Aug12(4).pdf
Or email [email protected]
