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    This posting addresses the expense of battling fraud.

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    Is there a point when battling fraud becomes too expensive?

    © BrainMass Inc. brainmass.com June 4, 2020, 1:23 am ad1c9bdddf
    https://brainmass.com/business/accounting/posting-addresses-expense-battling-fraud-397587

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    It certainly does, but I think that it's really organization-specific. Let's look at a small corporation, or a small to mid-sized organization. The company wants to do everything they possibly can to stop all types of fraud, both internally and externally. They want to protect their profits, and keep costs down as much as possible, in the process. The company can institute policies, procedures, and systems of various types designed to both prevent and detect ...

    Solution Summary

    The solution provides a detailed discussion examining if there is a point when battling fraud becomes too expensive. This solution is written based on my professional experience as a fraud investigator who has had extensive interaction with clients battling fraud.

    $2.19

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