Economic crime still prevails in the United States and other parts of the world, as 53 percent of U.S. companies surveyed in a recent global economic crime study reported that they were affected by some form of it in the past two years, with losses totaling $223 million.
Forty-four percent of international respondents claimed to deal with economic crime as well. The statistics come from the PricewaterhouseCoopers 2007 Global Economic Crime Survey, a study that queried 5,400 global companies and was conducted in association with Germany's Martin-Luther University of Halle-Wittenberg (see Economic Crime Plagues Companies). PwC executives elaborated on the study during a press briefing this week.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access