Fraud, Waste, and Abuse in the Supply Chain

current political environment around tariffsreputational damage

What Should Risk and Finance Teams Do to Mitigate FraudRisk?

1.Perform ongoing duediligence and thorough analyses of vendor riskresearch Deloitte published last year2. Understand each vendor's business inside andout3.Scrutinizethe terms of vendor agreements4. Analyze invoices prior topaymentin our 2017 research5. Institute data mining andanalytics processesDeloitte research6. Monitor youremployeesmonitoring employees for instances of fraud2015 Deloitte poll of finance and accountingprofessionals

What Comes Next?

Deloitte's research


Mark PearsonisaDeloitte Risk and FinancialAdvisory principal in the forensic practice ofDeloitte Financial Advisory Services LLP. He focuses on forensicinvestigation issues, including helping clients identify andmitigate supply chain fraud, waste, or abuse. Pearson has more than15 years of experience conducting and managing a variety of fraud,forensic accounting, and other dispute-relatedengagements. Larry KivettisaDeloitte Risk and Financial Advisorypartner in the forensic practice of Deloitte Financial AdvisoryServices LLP. He focuses on providing forensic investigation,forensic accounting, supply chain forensic, andanti-fraud/anti-corruption related services to U.S. andinternational companies. Kivett has more than 21 years ofexperience, including leading investigations of issues involvingaccounting improprieties, employee defalcations, vendor kickbacks,and FCPA-related issues. Pearson and Kivettco-lead Deloitte's supply chain forensic offering.

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