No place for complacency
Article Abstract:
Results of a survey conducted by the University of Nottingham Business School reveal the high level of susceptibility of organizations to financial fraud among EU companies. Furthermore, respondents reported their belief that incidence of frauds will escalate. Fraud was found to be less common among British organizations. Also, variation in opinion was also found among different industries, with respondents from the insurance and construction sectors considering themselves to be vulnerable and those from education and manufacturing believing themselves to be free from fraud. Larger organizations were found to be more susceptible. The main reasons given for fraud were economic, followed by the implementation of new technology. Better fraud management can be achieved through improvements in internal controls.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1999
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Raper - A rough ride for regulators?
Article Abstract:
The events, legal issues, regulatory arguments, financial consequences and court battles involving the insolvency of four British corporations operated by Jim Raper are detailed. The companies involved are St. Piran, Gasco, Milbury and Westminster. Ethically questionable practices involving Raper which lead to the collapse of Milbury are summarized. Investigations are still pending.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1985
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Raper Report cites inadequate controls
Article Abstract:
A report by the Department of Trade and Industry reveals how inadequate controls in the London Stock Exchange coupled with the unlawful activities of Jim Raper destroyed Milbury plc.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1989
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