| Date: |
May 5, 2008
6:30 a.m. - 7:30 a.m. (EDT)
2:00 p.m. - 3:00 p.m. (EDT) |
| Abstract: |
Key areas of concern for UK and US investors
In recent years, there has been a significant increase in fraud and white collar crime in India. According to KPMG’s recently released India Fraud Survey Report 2008, more respondents have experienced fraud in the last two years compared to the incidence of fraud reported in our last survey in 2006. The costs of fraud cannot be measured in monetary terms; its insidious nature erodes the core elements that all business is built upon, namely, confidence and trust.
In this Webcast, we will provide a summary of our findings in the India Fraud Survey Report 2008, including our findings on the level of fraud awareness, the types of fraud experienced by organizations in India, fraud trends, and strategies employed by companies in India to mitigate the risk of fraud. We will also cover key areas of concern for UK and US companies that have invested in India or are contemplating an investment in the future.
The discussion will cover:
- An overview of fraud risks in India and associated issues
- Tools and technologies adopted by Indian companies to mitigate these fraud risks
- Issues faced by UK and US investors
- Strategies to resolve these issues
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