Encouraging the Reporting of Misconduct

November 15, 2017

Organizations can take substantive actions to address the reporting of suspected financial fraud, according to Encouraging the Reporting of Misconduct, a report from the Anti-Fraud Collaboration. The report presents key recommendations from key players in the financial reporting supply chain, including corporate directors, financial executives, and internal and external auditors. The Collaboration compiled best practices from roundtable discussions focused on suspected financial reporting fraud and the negative impact that fear of retaliation has on the timely detection of such fraud. By understanding the factors that discourage reporting, the Collaboration offers ways to counter such obstacles and makes recommendations for creating and maintaining a retaliation-free environment.