Fraud: financial statement fraud expected to increase.
Position | IRS NEWS |
Nearly 60 percent of business professionals surveyed during a Deloitte webcast about reducing fraud risks believe more financial statement fraud will be uncovered this year and in 2011, as compared to the last three years. Other survey results:
* 46 percent pointed to the recession as the reason more financial statement fraud will be uncovered.
* 45 percent said it's getting harder to assess financial statement fraud risks because of changes in the risk...
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