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.
‘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.’