Skip to the lesson
Back to the home page and map, from TryOwning · Finance and accounting · Lesson 3
Part 1 of 3Part 1 of 3, 0 done

Finance and accounting · 13 min

Controls and audits

Money moves through a company all day, and people make mistakes. A few steal. The finance team builds safeguards that stop most of it, and auditors look for what got through. Here's how.

HOURS
Ticket 01 · The guess

How do frauds get caught?

The Association of Certified Fraud Examiners (ACFE) studied 2,402 cases of workers stealing from or cheating the organization they worked for, investigated by its members in 143 countries and territoriesacfe.com ·2026. What share were first caught because someone gave a tip?

10%
0%100%
Words to know

Spot something wrong?

Tell us what looks off. No name or email needed.

What kind of problem?

0 / 1000

We'll also send this page, the lesson, ticket 1, so we can find it. Nothing else. Privacy

·
Sources and every number (1)

Sources

  • Report: 84% of fraudsters show at least one behavioral red flag (press release on Occupational Fraud 2026, May 12, 2026) · Association of Certified Fraud Examiners, 2026

Every number

  • 2,402 casesacfe.com ·2026 · Cases of occupational fraud in the ACFE's 2026 study, investigated by Certified Fraud Examiners who answered its survey.
  • 143 countries and territoriesacfe.com ·2026 · Where the 2026 study's cases came from.
  • 43%acfe.com ·2026 · Share of the 2026 study's cases that were first detected after a tip.
  • 12 monthsacfe.com ·2026 · How long a typical case in the 2026 study lasted before it was detected (the median).
  • $104,000acfe.com ·2026 · Median loss per case in the 2026 study (half the cases lost more, half less; the average was far higher).
  • 5%acfe.com ·2026 · The share of revenue the fraud examiners in the study estimate is lost to fraud each year: an estimate, not a measurement.
  1. Lessons›
  2. Inside a business›
  3. Finance and accounting
  • ·Before this: Budgets and forecasts
Skip to the lesson
Back to the home page and map, from TryOwning · Finance and accounting · Lesson 3
Part 1 of 3Part 1 of 3, 0 done

Finance and accounting · 13 min

Controls and audits

Money moves through a company all day, and people make mistakes. A few steal. The finance team builds safeguards that stop most of it, and auditors look for what got through. Here's how.

HOURS
Ticket 01 · The guess

How do frauds get caught?

The Association of Certified Fraud Examiners (ACFE) studied 2,402 cases of workers stealing from or cheating the organization they worked for, investigated by its members in 143 countries and territoriesacfe.com ·2026. What share were first caught because someone gave a tip?

10%
0%100%
Words to know

Spot something wrong?

Tell us what looks off. No name or email needed.

What kind of problem?

0 / 1000

We'll also send this page, the lesson, ticket 1, so we can find it. Nothing else. Privacy

·
Sources and every number (1)

Sources

  • Report: 84% of fraudsters show at least one behavioral red flag (press release on Occupational Fraud 2026, May 12, 2026) · Association of Certified Fraud Examiners, 2026

Every number

  • 2,402 casesacfe.com ·2026 · Cases of occupational fraud in the ACFE's 2026 study, investigated by Certified Fraud Examiners who answered its survey.
  • 143 countries and territoriesacfe.com ·2026 · Where the 2026 study's cases came from.
  • 43%acfe.com ·2026 · Share of the 2026 study's cases that were first detected after a tip.
  • 12 monthsacfe.com ·2026 · How long a typical case in the 2026 study lasted before it was detected (the median).
  • $104,000acfe.com ·2026 · Median loss per case in the 2026 study (half the cases lost more, half less; the average was far higher).
  • 5%acfe.com ·2026 · The share of revenue the fraud examiners in the study estimate is lost to fraud each year: an estimate, not a measurement.
  1. Lessons›
  2. Inside a business›
  3. Finance and accounting
  • ·Before this: Budgets and forecasts