Costing Crime

The table below outlines the different ways in which analysis of the costs of crime could be used for inclusion in the audit.

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There are two broad approaches to estimating the costs of crime in a local area:

1. Calculating the ‘true’ rate of crime in a local area and then applying unit costs of different types of crime (‘5’ in the table above).

2. Attempting to ascertain the real cost of crime in a local area (‘6’ and ‘7’ in the table above).

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