Canada | Fraud This is the most common method of fraud detection 3.12.2019 | Margaret Craig-Bourdin Want to avoid occupational fraud in your organization? Enable your employees Facebook Twitter Linkedin Email Organizations need to help employees speak up as tips from them remains the No. 1 initial fraud detection method (Getty Images/NoSystem images) While AI-powered software may well facilitate fraud detection in the future, tips from employees remain the No. 1 initial detection method, according to the Association of Certified Fraud Examiners’ 2018 Report to the Nations As Jennifer Fiddian-Green, CPA, who leads the national forensic and dispute resolution advisory practice at Grant Thornton, puts it, “It’s not an audit. It’s a tip. And it comes from someone who is brave enough to say, ‘I don’t know everything but something’s not quite right over there. Can you check into this?’” It’s for this reason that Fiddian-Green believes organizations and governments need to get much better at enabling people to come forward. “A lot has happened over the past few years in Canada and throughout the world around hotlines. And as per the same report, companies with hotlines detect fraud by tips more often. So it’s important for organizations to really help employees to speak up—to enable them, trust them and support them. And it can be done anonymously.” LEARN ABOUT OCCUPATIONAL FRAUD To understand the different kinds of workplace fraud and boost awareness, see Know red flags of occupational fraud to protect your business. Related Articles Canada | Fraud Extortion emails back on the rise, says report 12.13.2019 | Sophie Nicholls Jones Our personal emails are always a target for hackers, warn experts. Here’s what to be on alert for these days and how to protect yourself Canada | Fraud Does a credit card charge look suspicious to you? Here’s what to do 12.6.2019 | Margaret Craig-Bourdin Before calling your bank, do your own due diligence—and make sure you have gathered the info you need to back up your claim Canada | Fraud Credit card fraud: you’re protected—most of the time 12.6.2019 | Margaret Craig-Bourdin When tricksters steal your card or banking details, you are usually off the hook for the losses. But you still need to be vigilant. About the Author Margaret Craig-Bourdin Margaret Craig-Bourdin is a digital writer and editor with CPA Canada. She is the recipient of many business press awards, and is also a certified member of the Association of Translators and Interpreters of Ontario.