BY TOBY J.F. BISHOP, CFE, CPA, FCA AND FRANK E. HYDOSKI
Description
The twenty-first century global economy brings cheaper sources of supply and huge new markets, but also exposes companies to much greater risks and consequences of fraud and corruption. As a result of greater enforcement around the world, global media attention and changing attitudes of consumers, fraud and corruption can now cost companies billions and destroy or severely damage their reputation. Thought leaders Toby Bishop and Frank Hydoski argue that this scenario can make many companies more vulnerable to serious loss. They make a business case for boards and senior executives to adopt a fraud and corruption risk management strategy that can reduce vulnerability while increasing the ability to bounce back if fraud or corruption occurs. The authors provide practical insights and highlight traps to avoid. Quotes from their interviews of business executives provide international perspectives regarding changes in fraud and corruption risks and techniques companies are adopting to deal with them. This solutions-centered book discusses:
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