The study, which evaluates the perceptions regarding the subject of fraud in the national business market, was conducted between June 29 and July 17 of this year.
When asked about the perception and evolution of fraud in the national market, 50 percent of the companies considered that the number of fraudulent situations increased in the last year and more than half (60 percent) "were aware of some event of fraud in the business environment," reads the document.
Furthermore, 61 per cent of the companies believe that the number of occurrences will increase in the future.
Almost one third (32 percent) of respondents admitted that their company faced some kind of fraud situation in the last year, pointing out "as the main costs associated with these situations the loss of reputation (46 percent), the detour of funds (38 percent) and the realization of business (33 percent).
"About 65 percent of respondents belonging to the large business segment reported having knowledge of companies involved in fraud situations recently, compared to 57 percent of SMEs," the study concludes.
By sector of activity, "we can conclude that respondents from the non-financial services sector are the least aware of companies involved in fraud situations (58 percent)," reads the Deloitte report.
More than two thirds (69 percent) of the main perpetrators and types of fraud are "middle and senior managers" of companies.
Corruption (59 percent), embezzlement (53 percent) and influence peddling (52 percent) are the main forms of fraud identified by the national companies surveyed, according to the Deloitte study.
All companies in the consumer goods sector "consider corruption to be the most common form of fraud in Angolan companies.
By sectors, financial services are the most exposed, with more than half (57 percent) of respondents pointing to this area, followed by consumer goods (16 percent) and non-financial services (15 percent).
The commercial areas (43 percent), 'procurement' (37 percent) and financing and related activities (17 percent) "are considered to present the highest risk of fraud within an organization.
As the main causes of fraud, the companies surveyed point out "the lack of an efficient control system (45 percent) and the lack of ethical values (32 percent).
Regarding the most commonly used processes in the identification of fraud situations, the companies mention "internal control mechanisms (61 percent), internal investigation (12 percent) and the 'whistleblowing' channel (4 percent)".
By business dimension, "there is a greater perception that occurrences of fraud have increased among large companies (57 percent) in comparison to SMEs (39 percent)," points out the study, whose survey obtained a total of 75 responses.
