Forensics Today: Mitigating fraud risk in nonprofits
Nonprofits are especially vulnerable to fraud because they typically operate in high-trust environments with less oversight. Learn how organizations can adapt in PwC’s “Forensics Today” series.
A crisis can shake a business to the core. It could be a corruption scandal that spreads across an entire nation, a data breach that shakes customer confidence, a dispute with a business partner threatening to erode value, or widespread fraud that has recently been unearthed. Each client faces a different challenge and with the business landscape becoming more complex than ever before, we help you prepare, respond and emerge stronger in the face of a crisis.
We assist our clients in taking action to prevent economic crime and disputes in the first place; saving your business from both financial and reputational damage.
Financial, legal and reputational impacts of crises create huge risk to brand, people and the bottom line. We respond rapidly and definitely to address these risks, preventing further damage.
A crises encourages businesses to really take a look at operations and processes. We work with our clients to not only recover from current crises, but also enhance their ability to bounce back from unplanned events.
PwC’s 2024 Global Economic Crime Survey is the latest in a series of studies dating back more than 20 years. In our research, conducted between January and March 2024, PwC surveyed nearly 2,500 companies across 63 territories. Two-thirds of respondents were C-suite executives—including 450 General Counsel, Chief Compliance Officers and Chief Audit Executives—and 40% were from companies with revenues greater than $1 billion. We also conducted over 45 interviews with senior executives from major corporations around the world to discuss their leading practices. This body of research gave us a unique lens on how today’s boards and business leaders are addressing the economic crime risks their organisations are navigating daily. PwC Research, PwC’s global Centre of Excellence for market research and insight, conducted this survey.
Risks are inevitable. It’s whether a company takes, and mitigates, risks intelligently to grow and thrive that sets leaders apart. PwC can help your organisation prevent — and mitigate — the damage caused by economic crime and fraud.
Nonprofits are especially vulnerable to fraud because they typically operate in high-trust environments with less oversight. Learn how organizations can adapt in PwC’s “Forensics Today” series.
Explore insights from our global compliance survey to enhance your compliance strategy. Drive growth in a complex business environment with PwC today.
Learn how companies can embrace risk to prevent economic crime and disclose its consequences for future growth through our Global Economic Crime Survey.
How organisations are adapting to constant disruption by transforming their approach to building resilience
Partners Manny Alas and Justin Offen talk through our approach to helping clients address bribery and corruption.
Learn more at PwC.com - www.pwc.com/forensics The headlines are full of companies accused of corruption and bribery, and those charges have a huge impact. No business is immune to corruption – deliberate or unintentional – or its effects. Senior executives may be genuinely unaware of any wrongdoing, but the public...
