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Forensic Accounting, Forensic Techniques, and Fraud Detection Copyrighted 2001 D. Larry Crumbley, ... - page 46 / 352

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© D.L. Crumbley

Advantage of Compliance Spending

General Counsel Roundtable says that each $1 of compliance spending saves organizations, on average, $5.21 in heightened avoidance of legal liabilities, harm to the organization’s reputation, and lost productivity.

Source: Jonny Frank, “Fraud Risk Assessments,” Internal Auditor, April 2004, p. 47.

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