The ACFE reports that about 40% of frauds are uncovered from tips to a whistleblower hotline, while internal audit only uncovers about 15% of frauds. While detecting fraud is not internal audit's primary purpose, one is still left to wonder why internal audit doesn't find more fraud, especially since one of the first questions from management is "why didn't audit find this?"

Jason Mefford is joined by his guest to discuss how internal audit can change a few simple things to help increase their ability to find and detect fraud. 

#fraud #internalauditwebinar #internalaudit