What to Do and Whom to Report to If You Are the Victim of an Irregularity or Fraud: Some Tips

Abstract

This article addresses the problem of how to confront fraudulent or irregular conduct within an organization. Understanding an irregularity requires knowing the environment in which the entity operates and its corporate governance characteristics, namely: what type of entity is it, public or private? If private, is it an entity regulated by a supervisory body or not? Who is involved in the irregularity, an employee or a senior executive? The article proposes the courses of action to follow in each of these situations and considers the role of external auditors.