Have you ever thought about the fact that a particular industry in which a company operates creates risk factors for fraud? We call these industry red flags, and Tracy discusses some of the more common ones in this video, including:

• Performance substantially out of line with competitors (either much better or much worse than others in the industry)
• A highly competitive industry
• Poor reputation within the industry
• Market saturation
• Declining margins
• Industry declining in general
• Industry affected by rapidly changing technology