Fraud Prevention and Detection
According to the findings of the Association of Certified Fraud Examiner’s 2008 Report to the Nation on Occupational Fraud and Abuse:
- Each year, U.S. organizations could be losing as much as 7% of their revenues to fraud, translating to approximately $994 billion in annual losses based on US GDP.
- Frauds continue on average for 24 months prior to detection.
Many of the recent frauds have involved employees working together to avoid detection and bypass internal controls. Frauds involving collusion are the most difficult to detect. 
The prevention and timely detection of fraud in your organization is critical to protecting stakeholders and ensuring your organization’s success. Whether you are a board member or work for a corporation, external audit firm or a non-profit, The Cooper Group can provide insight and lessons learned from the recent scandals so that will help you better protect your organization. We offer a variety of specialized services, including:
- Forensic Investigations
- Fraud Risk Assessment
- Anti-Fraud Program and Hotline Diagnostic
- Benchmarking Against Leading Anti- Fraud Programs
- Executive Leadership Forums
- Fraud Awareness Training