Update 11 January 2021: Currently the My Payment History within MYCIMA is unavailable for all 2020 payment transactions, due to an ongoing finance system upgrade.  This information will be available from Monday 18th January.   Important - Pearson VUE test centres in the United Kingdom are now closed for CIMA exams during the current lockdown. Remote online exams will continue as normal. Find additional information here: Please note: if you have an exam booked with a training provider, please contact your training provider for information. 

Jun 2017

Keeping business clean: a CGMA guide to countering fraud and corruption

This briefing report outlines recent developments and trends on fraud and corruption globally and the role of the management accountant in helping establish best practice in their organisation. It offers guidance to a range of resources and reading materials.

Fraud and corrupt practices are increasingly affecting organisations globally. These can have a lasting impact on internal and public trust, reputation and financial performance. It is estimated that each year the typical organisation can lose on average 5% of its annual revenue to fraudulent behaviour. 

After reading this, professional accountants will have an overview of:

  • Questions to ask when designing an anti-fraud strategy and how to manage fraud risk
  • Eight practical ways to address fraudulent activities
  • Practice tips for fighting against cyber schemes.

This briefing highlights some of the recent global developments and trends to useful resources and insights from across the Association of International Certified Professional Accountants (AICPA, CGMA and CIMA) and other leading providers of anti-corruption and fraud materials

This accompanying briefing co-produced with Transparency International (TI) features the 2016 TI Corruption Perceptions Index and legislation in selected markets.

Estimates show that the cost of corruption equals more than 5% of global GDP ($2.6 trillion), with over $1 trillion paid in bribes each year.

CGMA Resources

Browse the full range of Thought Leadership resources here.

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