Fraud Detection: A Proactive Approach
Having a comprehensive fraud control program is the hallmark of a proactive approach. This is because such a program combines both detection and control of fraud. Many at times, fraud happens to exist in an organization for 4-5 years prior to detection (Sadgrove, 2016). In other instances, there is quick detection but lack of suitable control mechanisms. However, by combining both, an organization can detect […]