INDIA REPORTING FIRMS SEEK TO DOCUMENT FRAUD DESPITE SHORTCOMINGS
January 1st, 2013
THAT reporting firms in India consider fraud a significant and continuing problem can be seen in the country's newspaper headlines, which are quick to highlight learned fraud reports, which appear to be released at increasingly regular intervals. Recent reports have garnered headlines such as ‘Corporate India still napping on fraud prevention: KPMG study’; ‘India Inc worst affected by frauds after Africa: Kroll report’; ‘Investors are biggest sufferers of frauds: Ernst & Young’, and even “Cos feel frauds are 'inevitable cost' of doing biz: ...
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