Sometimes the fraud and crimes committed would be small which would eventually burst out; hence proper investigation must be conducted periodically to track such practices and stop them at once.

Watch Every Member

Sometimes the worst fraud is committed by top officials. There must be company policies that would specially investigate higher authorities and their connections. Few multinational companies have rules that would investigate top authorities and their activities to ensure that the company is moving in the right path without any fraudulent activities.

Induce Transparency

Transparency in an organization can reduce any complexities. It is in fact known to be the best corporate practice that can stop all fraudulent activities. Transparency ensures that there are clear and crisp transactions inside and outside the business and this directly ensures that the company follows strict guidelines in monetary terms.

Listening to Employees

Fraud generally takes place when the senior management does not lend their ears to the concerns of their employees. Employees feel disoriented and start committing small activities to go against the company and its policies. If these practices are not controlled and monitored, it can lead to serious issues which cause major damages to the organization. Hence it is necessary that every entrepreneur listens to his employees and addresses their issue to avoid any harm to the company.