According to the 2004 Report to the Nation, a study done by the Association of Certified Fraud Examiners, anonymous reporting mechanisms (read: hotlines) are highly effective tools to detect fraud. Internal frauds are most often detected through tips from employees, […]

Oversight Systems surveyed 208 Certified Fraud Examiners earlier this year, inquiring as to whether or not the controls imposed by Sarbanes-Oxley are believed to be effective. The survey found that while fraud examiners believe SOX helps with fraud identification, few […]