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Many large public companies have a Fraud Investigation Unit (FIU) which focuses solely on detecting and preventing fraud within the company.This unit is often associated

Many large public companies have a Fraud Investigation Unit (FIU) which focuses solely on detecting and preventing fraud within the company.This unit is often associated with the Internal Audit team thereby reporting directly to the audit committee.Other companies prefer to outsource their Internal Audit team and bring on fraud specialists only in situations in which fraud is suspected.What are some of the advantages of having a full-time staff of fraud investigators?What are some of the disadvantages?

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