Study: Fraud Hits Smallest Companies Hardest

Many never fully recover.

Fraud losses by size of organization (median, 2010-2014)
Fraud losses by size of organization (median, 2010-2014)

By CPA Trendlines

The typical organization is losing 5% of revenues per year to fraud, costing about $145,000 per company – and smaller businesses are disproportionately victimized, according to a new research report.

The losses translate to $3.7 trillion globally, says the group which has been conducting the research since 1996. PRO membersDownload the full report here.

Highlights…