Fraudulent Activities in Corporations Essay by academic
Fraudulent Activities in Corporations
Defining and discussing fraudulent activities in corporations - such as embezzlement, abuse of corporate information and cybercrimes - and examining how these can be prevented.
# 27915
| 2,587 words
| 6 sources
| APA
| 2002
| 
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Description:
This study develops a further understanding of the factors that operate to influence and/or prohibit fraudulent activities in corporations. The study represents an effort to further develop the current knowledge base that currently exists on strategies that are being used in efforts to prevent future occurrences of corporate fraud. The study provides an examination of reporting procedures that have been established in preventive efforts and the degree to which employees of corporations perceive such procedures as accessible.
From the Paper:
"Current information suggests that occupational fraud losses for large corporations are estimated to now exceed $600 billion annually, an average of nearly $4500 per employee. Small businesses tend to be hurt worst by occupational fraud, at an average $127,500 per loss compared to the $97,000 average loss for larger companies. With the collapse of Enron and WorldCom and reports of other major corporations caught in similar acts, corporate fraud has increasingly been recognized as threatening trust in the economy, the integrity of the auditing profession and the state of business ethics within corporate America."Cite this Essay:
APA Format
Fraudulent Activities in Corporations (2003, June 18)
Retrieved June 05, 2023, from https://www.academon.com/essay/fraudulent-activities-in-corporations-27915/
MLA Format
"Fraudulent Activities in Corporations" 18 June 2003.
Web. 05 June. 2023. <https://www.academon.com/essay/fraudulent-activities-in-corporations-27915/>