Overview

Against a challenging background where many employees are experiencing financial hardships, the National Fraud Authority puts the cost of fraud to the UK economy at millions of pounds every year. The vast majority of such frauds being committed by employees of businesses.

Accounting or finance departments of companies are susceptible to fraud, such as false accounting, which is committed in order to improve the appearance of a companies financial records. Other examples of fraud include payroll fraud, corruption, theft of intellectual property, asset theft and selling sensitive information.

In this briefing, Eversheds reveals the alarming statistics on fraud; outlines the potential impact of employee fraud on a business; and provides a series of anti-fraud measures that a company can implement.

To learn more, click 'View Briefing'.