Fraud-Week-Logo

The activities planned for this week are as follows:

 

Sunday, November 13

  • Email Clue #1*

 

Monday, November 14

  • Check out the sidewalks and doors to buildings/classrooms…Look for the answers to the puzzle!
  • Email Clue #2*

 

Tuesday, November 15

  • Movie Screening & Discussion: Catch Me If You Can (Blakely)
    • 1:00 PM – Student Wellness Center
  • Email Clue #3*

 

Wednesday, November 16

  • Promoting an Ethical Culture Panel Discussion (FREE LUNCH!)

Panelists:

  • Steven Hougland, Assistant Professor of Criminal Justice
  • Stuart Rayfield, Interim President
  • James Spooner, Director of Public Safety/Police Chief
  • Gena Wilson, Director of Human Resources (Georgia Southwestern University and Bainbridge State College)
  • 12:00 noon, Kirbo Dining Room (Bainbridge)
  • 12:00 noon, Simulcast in Room 141 (Blakely)
  • Email Clue #4*

 

Thursday, November 17

  • Risk Assessment Reports due (individuals will be contacted by Nov. 7 if they are included in the Risk Assessment reporting)
  • Movie Screen & Discussion: Catch Me If You Can (Bainbridge)
    • 1:00 pm – Student Wellness Center
  • Priority Deadline for Information Security Awareness Training in Georgia View (priority to be entered into a drawing for a $100 gift card)
  • Email Clue #5*

 

Friday, November 18

  • Email Clue #6*

 

Saturday, November 19

  • Email Clue #7*

 

*Emails will go out each day with a clue embedded in the information related to creating an ethical culture, as well as fraud awareness.  Put the clues together and submit the final answer to be eligible for a $100 gift card.  Send your answer sheet to stuart.rayfield@bainbridge.edu to have your name entered into the final drawing!

 

 

Spirit-of-USG-logo-large

 

Benefits of an Ethical Culture

  • Companies that work to build and maintain ethical workplace cultures are more financially successful and have more motivated and productive employees. HR Magazine, Creating an Ethical Culture, April 2014
  • Organizations with stronger cultures find far fewer employees (4%) feel pressure to commit misconduct than in weaker cultures (15%). Likewise, the rate at which employees observe misconduct by co-workers is nearly twice as high in weaker cultures (76%) than stronger cultures (39%). Ethics Resource Center, June 2010
  • Organizations that build an ethical culture outperform organizations that do not. Center for Ethical Business Cultures, James A. Mitchell, 2001.
  • When companies value ethical performance, misconduct is substantially lower: In 2013, only 20% of workers reported seeing misconduct in companies where ethical cultures are “strong” compared with 88% who witnessed wrongdoing in companies with the weakest cultures. Ethics Resource Center National Business Ethics Survey 2013, HR Magazine, Creating an Ethical Culture, April 2014.

Workplace Misconduct – General

  • Recent survey results stated that, 41% of U.S. workers said they observed unethical or illegal misconduct on the job. Ethics Resource Center National Business Ethics Survey 2013. One in five U.S. workers who reported misconduct said they experienced retaliation in return. Ethics Resource Center National Business Ethics Survey 2013.
  • In the US 33% of workers who declined to report workplace misconduct said they feared they would be punished for doing so. Ethics Resource Center National Business Ethics Survey 2013.
  • Managers are responsible for 60% of workplace misconduct. Ethics Resource Center National Business Ethics Survey 2013.
  • Fraud and Abuse are not foreign to Colleges and Universities they can occur in all areas, finance, academics and athletics and not limited to faculty, staff or students. Association of Certified Fraud Examiners

Fraud Statistics

  • An estimated 5% of all organizational revenue is lost to fraud each year. Association of Certified Fraud Examiners. The Potential
  • (Do we want to add a bullet of what the above would translate into USG potential exposure? I know the # would be huge.)
  • 87% of those committing fraud against their organization had never been charged or convicted of a fraud-related offense. Association of Certified Fraud Examiners.
  • An estimated 13.5% of U.S. Consumers (30.2 million people) are defrauded each year losing a total of close to $3 billion. Federal Trade Commission.

Detecting Fraud & Unethical Behavior – Importance of Ethical Employees

  • More fraud and misconduct is discovered through employee tips than from any other source.
  • 43% of fraud is detected as a result of tips versus only 16% for the second most common source, management review.
  • Employees need to be trained regarding ethical behavior and how they are able to report.

 

Impact of an Ethics Hotline

  • For organizations with an ethics hotline, more than 50% of fraud is detected as a result of tips. Association of Certified Fraud Examiners.
  • Organizations without hotlines had to rely more heavily on external audits and management review. Association of Certified Fraud Examiners.
  • The rate of retaliation reports remain low related to hotline reports, less than 1%. Ethics & Compliance Hotline  Benchmark Report, Navex, 2016

Additional Resources:

  1. Report to the Nation on Occupational Fraud & Abuse, http://www.acfe.com/rttn/docs/2014-report-to-nations.pdf
  2. FBI Financial Crimes Report

 

FAQ

USG Ethics Policy

 

 

 

 

 

 

 
 

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