Finanse, Rynki Finansowe, Ubezpieczenia

The purpose of this article is to identify the most important factors to improve the efficiency of detection of fraud and internal cheating. Detection of internal frauds should be based on three important elements: the identification of areas at risk of fraud, elimination of factors that are the causes of these actions and the implementation of effective tools for the elimination of internal fraud. Internal audit procedures are effective tool in this case. The choice of solutions remedial measures must always be dependent on the individual circumstances of the entity, because it is not possible to establish universal methods effective in all types of business. Design/methodology/approach – The study of literature is the starting point in this article. These studies have been complemented by an analysis of the most frequent cases of internal frauds in enterprises. Then, using reasoning by analogy and using deductive method will be offered the most effective solutions in the development of ready-made methods to counter internal fraud. Findings – Conducted by the author of the study allow for the identification of key risk factors associated with abuse of fraud made by employees, which became the basis to highlight the importance of the most effective methods of reducing losses resulting from negative activities of employees. Originality/value – The value of the article is the original proposal of original solutions that support the management of the enterprise in the effective prevention of fraud procedure.