FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1590197997> ?p ?o ?g. }

• W1590197997 startingPage "23" @default.
• W1590197997 abstract "ABSTRACT According to the Federal Bureau of Investigation, the annual cost of business crime activity to the U.S. economy is $652 billion. Additional costs of litigation and security measures suggest the many forms of business crime significantly impact business. While FBI data does not separate small businesses from large corporations, it appears that small business ventures will be susceptible to criminal activity. In fact, the United States Chamber of Commerce reported that business ventures of less than $5 million in sales will be 35 times more likely victims of business crime than larger firms. In addition, 30 percent of small business failures resulted from internal crime and employee dishonesty (U.S. Chamber of Commerce, 1995). This paper examines the extent of criminal activity affecting small business and nonprofit organizations and provides a three-stage model managers can use to prevent, detect, and remedy criminal activity. INTRODUCTION Data suggests significant criminal activity in business ventures. Despite improvements in management and auditing procedures, Accounting Information Systems (AIS) software, and advanced computer technology, criminal activity continues to impact businesses at an alarming rate. Computerization of small business ventures may actually contribute to increased criminal activity. According to the U.S. Small Business Administration, more than $100 million in losses annually can be contributed to computer fraud (U.S. Small Business Administration, 2000). In 1995, the United States Chamber of Commerce reported the impact of theft and other crimes on small businesses accounted for 30 percent of small business failures (Holt, 1993). In addition, these criminal activities cost consumers up to 15 percent of total pricing for goods and services (Holt, 1993). The University of Florida conducted a study in 1994 (Donnelly, 1994) and found 42.1 percent of inventory shrinkage could be directly attributed to employee theft and poor record-keeping and shoplifting accounting for an additional 32.4 percent. Forensic accounting articles often focus on large corporations, rather than small business ventures as the financial impact tends to be greater. However, business ventures of all sizes can be potential targets for crimes including money laundering, intellectual property theft, and embezzlement. According to data from the Federal Bureau of Investigation during 1994-2002, the number of intellectual property theft cases increased 26 percent. Small business ventures are not immune to money laundering as monies may be channeled through the business from an employee or third party. FBI data indicates money laundering offenses will often be coupled with additional felonies such as embezzlement, fraud, or drug trafficking. Fraud may affect other individuals and businesses in addition to the direct victim. For example, fraud resulting from substance abuse increases law enforcement costs. Other agencies and organizations may be affected as well, including costs associated with drug prevention and rehabilitation, crime prevention and court costs. Other businesses and insurance companies may also be affected as well. Fraud and other criminal activity cannot be confined to the corporate world. Larimer (2006) finds that although businesses across the United States lose more than $652 billion to embezzlement and fraud every year, nonprofits and small businesses may actually lose the most. A 2006 report by the Association of Fraud Examiners reports that while the average loss for employee fraud amounted to $159,000 in 2005, the average loss for businesses with less than 100 employees is found to be actually higher--$190,000 (cited in Larimer, 2006). Additional crimes under the fraud category include identity theft, collusion, corporate fraud, embezzlement, and use of tax haven countries for illegal activities. Some of these crimes may be more common to large corporations, however, due to increased knowledge and use of high technology, specialized auditor training should be initiated and in many cases staff auditors should be trained as forensic accountants (Manning, 2005; Ramaswamy, 2005). …" @default.
• W1590197997 created "2016-06-24" @default.
• W1590197997 creator A5047710783 @default.
• W1590197997 creator A5080088572 @default.
• W1590197997 date "2007-01-01" @default.
• W1590197997 modified "2023-10-03" @default.
• W1590197997 title "A Model for Prevention and Detection of Criminal Activity Impacting Small Business" @default.
• W1590197997 hasPublicationYear "2007" @default.
• W1590197997 type Work @default.
• W1590197997 sameAs 1590197997 @default.
• W1590197997 citedByCount "7" @default.
• W1590197997 countsByYear W15901979972013 @default.
• W1590197997 countsByYear W15901979972014 @default.
• W1590197997 countsByYear W15901979972015 @default.
• W1590197997 countsByYear W15901979972018 @default.
• W1590197997 crossrefType "journal-article" @default.
• W1590197997 hasAuthorship W1590197997A5047710783 @default.
• W1590197997 hasAuthorship W1590197997A5080088572 @default.
• W1590197997 hasConcept C10138342 @default.
• W1590197997 hasConcept C106201281 @default.
• W1590197997 hasConcept C121955636 @default.
• W1590197997 hasConcept C144133560 @default.
• W1590197997 hasConcept C162853370 @default.
• W1590197997 hasConcept C199521495 @default.
• W1590197997 hasConcept C2777973936 @default.
• W1590197997 hasConceptScore W1590197997C10138342 @default.
• W1590197997 hasConceptScore W1590197997C106201281 @default.
• W1590197997 hasConceptScore W1590197997C121955636 @default.
• W1590197997 hasConceptScore W1590197997C144133560 @default.
• W1590197997 hasConceptScore W1590197997C162853370 @default.
• W1590197997 hasConceptScore W1590197997C199521495 @default.
• W1590197997 hasConceptScore W1590197997C2777973936 @default.
• W1590197997 hasLocation W15901979971 @default.
• W1590197997 hasOpenAccess W1590197997 @default.
• W1590197997 hasPrimaryLocation W15901979971 @default.
• W1590197997 hasRelatedWork W1125326837 @default.
• W1590197997 hasRelatedWork W1530833519 @default.
• W1590197997 hasRelatedWork W1573707258 @default.
• W1590197997 hasRelatedWork W158900770 @default.
• W1590197997 hasRelatedWork W1593671459 @default.
• W1590197997 hasRelatedWork W1968403538 @default.
• W1590197997 hasRelatedWork W2016429986 @default.
• W1590197997 hasRelatedWork W2026147027 @default.
• W1590197997 hasRelatedWork W2065629666 @default.
• W1590197997 hasRelatedWork W2069734350 @default.
• W1590197997 hasRelatedWork W2138922589 @default.
• W1590197997 hasRelatedWork W2182119833 @default.
• W1590197997 hasRelatedWork W2345119818 @default.
• W1590197997 hasRelatedWork W2475705136 @default.
• W1590197997 hasRelatedWork W286084543 @default.
• W1590197997 hasRelatedWork W311248160 @default.
• W1590197997 hasRelatedWork W3123060566 @default.
• W1590197997 hasRelatedWork W320686431 @default.
• W1590197997 hasRelatedWork W46914904 @default.
• W1590197997 hasRelatedWork W2597928983 @default.
• W1590197997 hasVolume "12" @default.
• W1590197997 isParatext "false" @default.
• W1590197997 isRetracted "false" @default.
• W1590197997 magId "1590197997" @default.
• W1590197997 workType "article" @default.