Definition
Time between detection and reporting.
Context
Fraud reporting timeliness is a key metric in incident and compliance management and is closely linked to internal investigations, regulatory reporting obligations, and tips and whistleblower reports. It measures the efficiency of escalation and reporting processes following the detection of irregularities.
Meaning
Timely reporting reduces liability exposure, enables prompt response measures, and enhances the effectiveness of compliance and control systems.
Example
Late escalation to compliance.
Sources
Suggested citation
wirtschaftsforensik.ch Editorial Team: "Fraud Reporting Timeliness", in: Glossary, wirtschaftsforensik.ch, https://wirtschaftsforensik.ch/glossar/fraud-reporting-timeliness/, accessed April 18, 2026.