You can read the article online at http://www.journalofaccountancy.com/Issues/2010/June/20102852.htm.  

Five percent of annual revenue is a huge amount of money for most businesses to lose. In tough economic times, when most small and mid-sized businesses are already struggling to do more with less, helping your clients understand the cost of fraud and learn how to detect and prove fraud could be a huge help to your clients.

Becoming a Certified Fraud Examiner might be an opportunity to build a niche in your community, especially if there are not many fraud experts.   Even if you do not want to be certified, this is a great opportunity to have meaningful discussions with your clients – perhaps to build a simple 10 steps to prevent fraud, etc.

Helping your existing clients understand what is likely happening in their business now and providing services to help them examine their business could be a way to achieve significant growth of your practice.

Most of you already have the expertise to be hugely valuable to your clients. And, most of your clients more than likely have no processes and no expertise in this area. If you are an expert, a free workshop for businesses in your area might give you just the visibility you need to extend your practice and win new clients.

Whatever you decide to do or not do with this practice development idea, the article in the Journal of Accountancy is an important read. It outlines common schemes, most likely areas where fraud can occur, and how to create prevention processes and programs.