Effective Internal Controls to Prevent and Detect Frauds

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Do you know, on an average, an organization loses its 5% revenue each year due to fraud, and many of the firms are still unaware that they are actually victims of frauds. It has been found some organizations have implemented anti-fraud strategies like outsource accounting, etc., mentioned in this presentation, which has ultimately faced lower losses as compared to those who are lacking in these controls. Read this pdf and apply appropriate strategy to prevent and detect fraud.

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