What are the benefits of a company fraud hotline?
• Deter and prevent suspicious activity Deter suspicious behaviour through the perception of detection Acknowledge the employee viewpoint by allowing their voice to be heard Comply with the Sarbanes-Oxley Act Detect fraud more quickly View what was previously unknown Obtain access to unfiltered information Identify internal control deficiencies Identify what’s not working properly Promote the integrity of company financial statements Reform corporate culture Instill a conscience withing the company
