Record Details

Anti-fraud strategies in multinationals

The Journal of Accounting and Management

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Field Value
 
Title Anti-fraud strategies in multinationals
 
Creator NISTOR, Carmen; Alexandru Ioan Cuza University of IASI
 
Subject anti-fraud plan, risk management, anti-fraud organisational culture
 
Description Nowadays, globalisation and business internalisation have led to an increased number of frauds in organisations worldwide. The most affected are the multinational corporations because of the geographical distance, different fiscal systems and local factors that consist in tremendous opportunities for employees and/or managers to involve in fraud schemes. Starting from recent studies and prior efforts of international organisations or countries to stop fraud by imposing regulations to be respected for the economic environment, the purpose of the paper is finding the key factors for detecting and preventing fraud in the organisations. In our approach we use several proposals for a conceptual framework developed by two companies of “The big four”, KPMG and Deloitte. The results indicate that for the number of fraud to decrease, any organisation needs to develop and implement a strong anti-fraud plan, by covering all logical steps to be made in this matter. For the anti-fraud plan to work, the organisation has to have or should develop an ethical environment, an anti-fraud organisational culture, starting from the top. Thus, the attitude of managers is highly important for the plan to work and the employees to acknowledge the importance of detecting and preventing fraud in their company.
 
Publisher The Journal of Accounting and Management
 
Contributor
 
Date 2014-12-20
 
Type Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journals.univ-danubius.ro/index.php/jam/article/view/2366
 
Source The Journal of Accounting and Management; Vol 4, No 2 (2014): JAM
 
Language en
 
Rights The author fully assumes the content originality and the holograph signature makes him responsible in case of trial.