Over one third of all engineering & construction companies worldwide are victims of serious economic crimes *. Although the theft of assets might be regarded as an accepted risk of doing business in this industry, instances of financial misrepresentation and corruption are pervasive as well. Moreover, these "white collar" crimes can be much more serious.
And while the economic cost resulting from white collar crimes can be expensive, far more serious is the impact on your reputation and on your share price. These days, one instance of "fiddling the books" or "easing a transaction" can be enough to destroy your business.
How PricewaterhouseCoopers can help you
PwC’s expereinced staff of accounting experts and forensic specialists can help you investigate and manage financial irregularities. With more than 1500 dedicated forensic experts in over 60 countries, we can assess the effectiveness — and potential vulnerabilities — of your risk management systems, and help develop programs related to employee screening, whistle-blowing, and codes of conduct, almost anywhere in the world. Our professionals understand how to mitigate fraud risks and how to address fraud, when it does occur.
* Source: PwC Global Economic Crime Survey 2003
