When you look at the fraud cases that make the news, it’s not hard to think that major workplace fraud is something that only happens on a large scale to big business.
Certainly the recent fraud case exposed by whistleblower Jeff Morris regarding Australia’s largest bank, the Commonwealth Bank, is a Hollywood producer’s dream.
But the truth is that even the smallest of businesses can experience fraud. The theft of thousands of dollars can occur undetected over a period of time. In fact, according to research by KPMG, 50% of Australian businesses experience fraud and 60% of cases take over three years to detect.
You may not be flying high on the fortune 500 list but this doesn’t mean you are in any less need of effective protection against fraud. KPMG advises that awareness training is one of the most effective controls against fraud and something every business should invest in.
At Learning Seat we create off-the-shelf compliance courses that will help you protect your business. Drawing on best practice for adult learning and digital education, our courses are framed around learning objectives that are outcome focused and will lead to measurable change in your workplace.