Definition
Average Fraud Duration refers to the average time between the initiation and detection of a fraud scheme.
Context
Average Fraud Duration is a key metric in fraud risk management and is commonly used as part of fraud KPIs by internal audit and compliance functions. It provides insights into the effectiveness of internal controls and detection mechanisms.
Meaning
A shorter average fraud duration indicates effective controls and timely detection, while longer durations suggest weaknesses in monitoring and control environments.
Example
A fraud scheme is detected after 14 months.
Sources
Suggested citation
wirtschaftsforensik.ch Editorial Team: "Average Fraud Duration", in: Glossary, wirtschaftsforensik.ch, https://wirtschaftsforensik.ch/glossar/average-fraud-duration/, accessed April 18, 2026.