Steve Franklin, Certified Fraud Examiner & Director at CBIZ MHM, LLC discusses how to protect against misappropriation of funds and maintain an adequate system of internal controls. Fraud, you find it everywhere. According to a 2010 report done by the Association of Certified Fraud Examiners, a typical organization loses 5% of its annual revenue to fraud. And, it's pervasive in almost every industry in companies of all sizes.