BusinessCompany NewsICAEW steps up fight against fraud

ICAEW steps up fight against fraud

The ICAEW and the Fraud Advisory Panel are holding a special conference next month in a bid to help stem the alarming rise in UK fraud.

Link: The Debate: Fighting fraud

‘Fraud, How To Stop It’ is taking place on 3 September at Chartered Accountants Hall, in London, and experts will brief professionals on relevant ways to combat the growing problem.

Fraud costs the UK economy between £13bn and £18bn every year and this threat has been propelled to the top of the UK business agenda.

Two members of the Panel – a fraud watchdog set up by the ICAEW – will be providing expert insight into ‘cybercrime’ and money laundering at the conference.

Gerry Archer, vice chairman of FAP said: ‘Fraud is a growing problem as a result of slow growth and near recession. This conference aims to raise professionals’ awareness of the various type of fraud and what can be done to protect companies and individuals.’

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