The international accounting fi rm Ernst & Young performed a global survey on fraud. The results of
Question:
The international accounting fi rm Ernst & Young performed a global survey on fraud. The results of that survey are summarized in a report titled “Driving Ethical Growth—New Markets, New Challenges” (Ernst & Young, 13th Global Fraud Survey).
You can fi nd this report by doing an Internet search on the title, or go to https://
webforms.ey.com/Publication/vwLUAssets/EY-13th-Global-Fraud-Survey/$FILE/
EY-13th-Global-Fraud-Survey.pdf.
Instructions Read the Executive Summary section, and then skim the remainder of the report to answer the following questions.
(a) What was the global percentage of companies that experienced fraud during the period covered by the survey, and what country had the highest rate?
(b) What percentage of survey respondents were asked to participate in an anti-bribery/
anti-corruption (ABAC) risk assessment in the last two years prior to the survey?
(c) What percentage of C-suite executives have not attended ABAC training?
(d) According to Figure 3, what source of cybercrime concerns respondents the most?
Step by Step Answer:
Financial Accounting
ISBN: 9781118953907
8th Edition
Authors: Paul D Kimmel, Jerry J Weygandt, Donald E Kieso