Episode 13 – Key Numbers from the 2018 ACFE Fraud Survey

By Charles Hall | Fraud

Aug 20

If you’re going to prevent or detect fraud, you have to know where to look. 

In this podcast episode, we take a look at the key numbers from the 2018 ACFE Fraud Survey. For instance, the median duration of a fraud prior to detection is 16 months and the median theft loss for small entities is $200,000. This global survey provides you with unique insights into how frauds occur–and the related damages. 

Listen now to be in the know.

 

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About the Author

Charles Hall is a practicing CPA and Certified Fraud Examiner. For the last thirty years, he has primarily audited governments, nonprofits, and small businesses. He is the author of The Little Book of Local Government Fraud Prevention and Preparation of Financial Statements & Compilation Engagements. He frequently speaks at continuing education events. Charles is the quality control partner for McNair, McLemore, Middlebrooks & Co. where he provides daily audit and accounting assistance to over 65 CPAs. In addition, he consults with other CPA firms, assisting them with auditing and accounting issues.

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