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A deeper understanding of occupational fraud

The ACFE’s 2024 Report to the Nations

Fraud fighters recognize the ACFE’s Report to the Nations as the premier study of occupational fraud. ACFE CEO John Warren, J.D., CFE, takes readers on an in-depth tour of the 13th edition of this comprehensive report of occupational fraud, its perpetrators and victims, and its costs to help anti-fraud professionals better protect their organizations against this pernicious economic crime. 

In March, the Association of Certified Fraud Examiners (ACFE) released Occupational Fraud 2024: A Report to the Nations, the 13th edition of the report, first published in 1996. Today, anti-fraud professionals around the world recognize the report as the largest and most widely respected occupational fraud study in the world. We’re enormously proud of the impact the report has had on advancing the common body of knowledge about occupational fraud. We also take great pride in knowing the report has helped Certified Fraud Examiners (CFEs) throughout the world raise awareness about the threat occupational fraud poses to their businesses, clients, governments and communities.

I also have a special point of pride regarding the Report to the Nations. When I began my career at the ACFE in 1996, my first job was working with our founder and Chairman Dr. Joseph T. Wells, CFE, CPA, on the survey results that produced the data for the first edition of the report. I was a lead author for each edition of the report from 2002 through 2022, and in that time, we made massive gains in the quality of data compiled and disseminated to our members. This year is the first time since I began working at the ACFE that I’m not an author of the study. But I remain immensely proud of the work our Research team has done to produce the 2024 edition, which in my not-entirely-uninformed opinion, is the most complete and informative edition to date.

As you likely know, the Report to the Nations is available to the public free of charge at ACFE.com/RTTN, and I encourage all ACFE members to download the report, read it cover to cover, and share it with your clients, teams and management. The study contains a wealth of information valuable to anyone in the anti-fraud profession. Here, I’ll highlight some of the more interesting findings from this year’s report and explain how you can make use of the data. 

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