Global research shows that there is no particular model to detect corporate fraud with 100% accuracy. In India, there is very little effort made to develop early warning indicators for the financial frauds committed by the management of a company. Our joint study with Ministry of Corporate Affairs (MCA) aims at taking TARI’s previous study on corporate frauds conducted in 2013, further to develop early fraud detection indicators based on a statistical analysis of the reported cases. For more details about the outcome our study please keep a watch on our Reports section.
Ethics in business is extremely important; your reputation is all you have in life.
Sir Freddie Lake