Technology Blog

Armanino’s Technology Blog informs technology and software CFOs and executives of the latest industry trends, rule changes and best practices. Our professionals bring you their insights and advice from an accounting and organization perspective to help your company reach its goals.

Wednesday, September 26, 2012

Fraud – The Cold Hard Truth

5%: The amount of revenue lost per year $140,000: The median loss to an organization 18 months: The length of time before detection These alarming statistics were reported by the Association of Certified Fraud Examiners 2012 Report to the Nations. By the way, this report also found that one fifth of all fraudulent cases caused …