Fraud Prevention is critical and saves a company money than simply focusing efforts of detecting fraud that is already occurring. Fraud is much easier and less costly to deal with when addressed proactively before it occurs. If we detect fraud after it has already begun occurring, there will be losses associated with the fraud. Yes, the impact will be less than if we would not have detected the fraud, but prevention is always something leadership should take seriously. Your textbook discusses: (1) How to create a culture of honesty, openness, and assistance and (2) Ways to eliminate opportunities for fraud to occur.

discuss what you believe is the best way that a business leader can create an environment is which fraud is prevented from happening. Support your opinion either with information from the book or information from your outside reading for the week.