Whistleblower Reports with Examples of Good Implementation Practices Worldwide and in Our Country

On June 14, organized by the Chamber of Authorized Auditors, our members Marija Đorđević, Marija Radovanović, and Nenad Glavčić participated as panelists in a discussion organized by KOR about whistleblower reporting channels, including examples of good implementation practices worldwide and in our country.

According to ACFE’s global research, companies that have implemented whistleblower channels have halved their fraud occurrences. More than half of fraud cases were detected by employees through whistleblower channels, while around a third of fraud cases were reported by customers, suppliers, and competitors.

Organizations with an implemented whistleblowing system are twice as likely to detect fraud compared to organizations that do not have one. Transparency and effective reporting of unethical behavior are crucial for the sustainability of businesses, emphasized our panelists.