engleski

PREVENTION AND DETECTION OF FRAUD IN COMPANIES OWNED BY LOCAL AND REGIONAL SELF- GOVERNMENT UNITS

The research subject of this paper are recommendations given after efficiency audits of the prevention and detection of fraud in companies owned by local and regional self- government units. The data from the efficiency audits performed by the State Audit Office was used. The paper confirms the presumption of correlation between the number of recommendations given and the number of employees in the companies. Recommendations were given to improve the operations and the effectiveness of preventing and detecting fraud was rated. The audit covered 106 companies. Some companies have taken the necessary actions to prevent and detect fraud, others have taken action to prevent and detect fraud, thus requiring certain improvements, while some companies have not undertaken the necessary activities to prevent and detect fraud, and significant improvements are needed. Research has been carried out on companies that have not undertaken the necessary activities to prevent and detect fraud, requiring significant improvements. Areas were explored in which recommendations were given to all companies and types of recommendations given, and recommendations in a particular area, and then in companies where significant improvements are needed. The number of employees covered by the audit was investigated, as well as the number of employees in companies where significant improvements were needed. An assumption is made that companies that require significant improvements have a greater number of recommendations than the average number of recommendations for all companies, while the average number of employees in these companies is considerably lower than the average number of employees per audited company.

auditing, efficiency, recommendations, companies, business

Published by Croatian Academy of Sciences and Arts ; Under the auspices of the President of the Republic of Croatia