It is often difficult to assess internally how well a particular function is operating. ABT’s experts can evaluate the effectiveness of your existing system through a compliance analysis.
Whether your whistleblowing system has been recently implemented (or is currently being developed), or has been in place for a longer time without updates, the need may arise to review or redesign the related internal documentation.
According to surveys conducted by the Association of Certified Fraud Examiners (ACFE), 43% of fraud cases are detected through tips, with 52% of those reports coming from employees. The survey also examines the reporting channels used: 53% of reports are submitted via official whistleblowing mechanisms.
These findings clearly demonstrate how an effective and well-structured whistleblowing system, tailored to the organization’s needs, can significantly contribute to transparency and operational efficiency.
Your personal contact:
Márton Gajdos dr., CIA, CISA
Partner, Risk & Compliance Services
