Fraud-related incidents surge.

PositionReport - Brief article

The 2009 Corporate Governance and Compliance Hotline Benchmarking Report, available at www.calcpa.org/surge, found, among other things:

* Fraud-related incidents jumped from 10.9 percent to 21 percent from first quarter 2006 to first quarter 2009.

* Industries with the highest overall incident reports were retail trade: service industries: and transportation, communication and utilities.

* 70 percent of participants did not notify management of an issue before making...

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