The Financial Executives Research Foundation has put some fresh research and analysis to the fraud condundrum, offering companies some new insights on how to address an old problem.
FERF compiled study results and conducted a survey of its own to assemble the latest data and approaches to fortifying a company’s ability to detect and prevent fraud. Of the 79 financial management participants in FERF’s survey, nearly half said their companies do not have an ethics training program. Of those that said they have an ethics training program, nearly 90 percent said the program is effective in inspiring tone at the top and leadership support.
