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Forums › ACCA Forums › ACCA AAA Advanced Audit and Assurance Forums › Fidelity guarantee insurance
Could anyone explain me what ”Fidelity guarantee insurance”is ?
I read Bpp, but i don’t get it.
Thank beforehand,
Sambath
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Fidelity Guarantee insurance is an insurance policy designed to indemnify the Insured (the employer) for the loss of money or property sustained as a direct result of acts of fraud, theft or dishonesty by an employee in the course of employment.