Your training includes a comprehensive review of the ACFE Report to the Nation, the FBI and National White Collar Crime Center, and other organizations that provide reports and information on white-co

Your training includes a comprehensive review of the ACFE Report to the Nation, the FBI and National White Collar Crime Center, and other organizations that provide reports and information on white-collar crime.Report to the NationDownload the latest Report to the Nation on Occupational Fraud and Abuse. This report gives a projection of the cost of fraud based on the percent of revenue. Explain this in terms of an example for an individual company with revenues of $25 million and net income of $3 million. Calculate the total estimated amount of fraud and the percentage that the total sales must grow just to cover the fraud.Also, note which type of fraud categories had the most frequent and the highest loss. Identify the industries with the most frequent and highest losses because of fraud.Review the FBI and or the National White Collar Crime Center Web sites, and select a fraud category for further discussion. Prepare a brief summary noting how serious the problem is today.