Struggle against fraud
Wednesday 24 March 1999
In recognition of this, the audit faculty of the Institute of Chartered Accountants in England and Wales has produced a video-based training package aimed at raising auditors' awareness of the risks posed by corporate fraud.
Although you might have thought that the many dramatic collapses since the end of the 1980s would have raised awareness of the problem, Gerry Acher, chairman of the institute's audit faculty, said it had been struck by the lack of training to combat fraud in the professional and business sectors.
Part of the problem, he said, was that companies did not like to disclose they had been the victims of fraud. And in Britain there was no culture of whistleblowing.
The institute is believed to be the only professional body offering training in this area, so the package, which cost pounds 100,000 to develop, should fill a gap. It is a realistic case study of how an audit can go wrong when a fraudster is involved.
Mr Acher pointed out that the increasing complexity of business and the constant pressure to perform make fraud more, rather than less, likely.
The Auditor at Risk package is available until 30 April at a discount of pounds 195 for faculty members; pounds 275 non-members.
elephant appealThe first 23 lots in our charity auction have now gone. But there are 22 more still up for grabs
The Silicon Valley awards which treat scientists like rockstars
comedy'Fresh Meat' star sees off stiff competition from Alan Carr, David Mitchell, Graham Norton, Lee Mack and Sarah Millican to win top prize
Mystery of Epping Forest 'big cat' is solved
North Korea: First Kim Jong-un orders execution of uncle - now it emerges that victim's wife was involved in decision to execute him
Australia incest case: Deformed children found in remote farming community after generations of inbreeding
Woman who miscarried in private prison 'made to clean up after herself,' court told
Fox News presenter tells viewers it is a 'fact' that both Jesus and Santa Claus are white
- 1 Italian court annuls prison sentence for elderly paedophile after 11-year-old victim tells investigators in Catanzaro that she loves him
- 2 Australia incest case: Deformed children found in remote farming community after generations of inbreeding
- 3 Woman who miscarried in private prison 'made to clean up after herself,' court told
- 4 Physicists discover 'clearest evidence yet' that the Universe is a hologram
- 5 Fox News presenter tells viewers it is a 'fact' that both Jesus and Santa Claus are white
- < Previous
- Next >
iJobs Money & Business
£500 - £525 per day: Harrington Starr: Business Intelligence Consultant/Develo...
£40000 - £50000 per annum + BONUS + BENEFITS: Harrington Starr: A leading prov...
attractive: Citifocus: Leading Asset Management house, wish to identify a temp...
£200 - £240 per day: Harrington Starr: Client Data Management - City - Brokera...