Fraud Investigation & Dispute Services | Aquiring assets, aquiring risks The economic downturn is resulting in consolidation in many sectors. Almost half of all Irish respondents (43%) agreed that the opportunities for an individual to commit fraud are likely to increase in a merger or takeover situation. Reasons for this perceived increase in risk included: - Lack of common processes / policies – 87% .
- Different standards of behavior – 48%.
- Damage to morale – 21%.
- Distraction from day-to-day work – 23%.
The hidden costs of redundancy As European unemployment has reached record levels, companies of all sectors, sizes and geographical markets are announcing redundancies on a near daily basis. Irish survey respondents saw redundancy programmes impacting fraud risk in the following ways: - Those remaining have too much work to do – 65%.
- Damage to morale – 83%.
- Normal policies / procedures forgotten / overlooked – 43%.
- Distracted from day-to-day work – 42%.
Fraud risk: The human element Employees accept fraud as a fact of corporate life, yet it is clear that they perceive a gap between what they think companies should do, and what they think is happening in their own work environments. "A survey into fraud risk mitigation in 13 European countries" discusses this perception gap and suggests ways forward for companies. Read more. European fraud survey 2009: Is integrity a casualty of the downturn? Amid the economic downturn, the ever-present threat of fraud grows stronger. Ernst & Young interviewed over 2,200 respondents in 22 countries at European companies for the third in a series of European fraud surveys. Read how driving anti-fraud efforts now can give an organisation long lasting benefits. Find out more and download the survey. Competition law insights Our article in the most recent issue of Competition law insights poses the question of whether the European Commission should reconsider how it calculates fines imposed for anti-competitive activity, given that it is now encouraging more damages actions from individual parties... Read more. Anti-fraud The front line in the fight against fraud is inside the business, initiated at the top and implemented throughout the organisation. To learn more about our anti-fraud services, click here. Disputes & Differences The second edition of Disputes & Differences compares and contrasts how the court rules in a given jurisdiction affect the relationship between an expert and his/her instructing lawyer in England and Wales, the US, Australia, Hong Kong, Spain and Austria. Read more. eDisclosure Access and manage your emails and other electronic evidence swiftly and safely. Our Forensic Technology and Discovery Services team has the tools and the expertise to extract information of evidentiary value and enable its review quickly and cost-effectively whilst complying with data privacy, confidentiality and other regulatory and legal obligations. Read more. |
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