International Fraud Awareness Week kicks off November 12, 2023, Worldwide. Fraud costs organizations worldwide an estimated 5 percent of their annual revenues, according to a study conducted by the Association of Certified Fraud Examiners (ACFE). Occupational Fraud 2022: A Report to the Nations analyzed 2,110 occupational fraud cases that caused a total loss of more than $3.6 billion.
The seriousness of the global fraud problem is the reason why ARIDAN will be participating in International Fraud Awareness Week, Nov. 12-18, 2023, as an official supporter to promote anti-fraud awareness and education. The movement, known commonly as Fraud Week, champions the need to proactively fight fraud and help safeguard businesses and investments from the growing fraud problem.
ABOUT FRAUD WEEK
ARIDAN joins hundreds of organizations who have partnered with the ACFE, the world’s largest anti-fraud organization and premier provider of anti-fraud training and education, for the yearly Fraud Week campaign.
FRAUD AWARENESS
During Fraud Week, official supporters will engage in various activities, including hosting fraud awareness training for employees and/or the community, conducting employee surveys to assess levels of fraud awareness within their organization, posting articles on company websites and in newsletters, and teaming up with local media to highlight the problem of fraud.
INVOLVEMENT
ARIDAN will provide the support that matters to help raise anti-fraud awareness, a much-needed cure for an illness called fraud often raised by the cancer called corruption that has existed from time immemorial and has expanded its reach into the wealthiest countries. Even those countries with a Corruption Perception Index between 60 and 100 are perceived to be more corrupt in the public eye which raises questions on the effectiveness of how the CPI is currently measured.
THE IMPORTANCE
ACFE president John Gill, J.D., CFE, said that the support of organizations around the world helps make Fraud Week an effective tool in raising anti-fraud awareness.
“Fraud is an issue that unfortunately affects people from all walks of life around the world and it takes many forms,” said Gill. “Whether it’s a trusted employee stealing from a small business, or organized rings of fraudsters targeting seniors in our community, most people know someone who’s been victimized by fraud. That’s why it’s so important for organizations to join in this fight together to raise awareness during this week. It is a serious problem that requires a proactive approach toward preventing it and educating people is the first step.”
For more information about increasing awareness and reducing the risk of fraud during International Fraud Awareness Week, visit FraudWeek.com
ABOUT ARIDAN
ARIDAN supports entrepreneurs and business owners with activities needed to organize and grow their businesses in the areas of operation, compliance, content creation, online marketing, and administration. Learning to prioritize remains a challenging task for the business owner. Some areas of your business require your immediate and full attention, while other significant areas are better delegated to someone else.
ARIDAN offers virtual or on-site support depending on the client’s preference. The work can be done remotely or at the client’s office. Based on your business needs and budget, we can start helping you with agreed-upon business activities that can be performed on a daily, weekly, or monthly basis which can be in the format of a one-time commission, short-term or long-term projects. For more details, visit ARIDAN Services.
ABOUT THE ASSOCIATION OF CERTIFIED FRAUD EXAMINERS
Based in Austin, Texas, the ACFE is the world’s largest anti-fraud organization and premier provider of anti-fraud training and education. Together with more than 90,000 members, the ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession. For more information, visit ACFE.com.
