Financial report on agricultural crime reveals loss for farmers

Humanities
Lecturers at WIT, Louise Walsh and Kathleen Moore Walsh

Lecturers at WIT, Louise Walsh and Kathleen Moore Walsh

Lecturer in accounting, Louise Walsh and law lecturer Kathleen Moore Walsh publish report on the financial costs of agricultural crime in Ireland

Lecturer in accounting at WIT Louise Walsh and lecturer in law Dr Kathleen Moore Walsh recently conducted an independent national survey of the extent, nature and cost of agricultural crime in Ireland with the assistance of the ICSA (Irish Cattle and Sheep Farmers’ Association).

Crime related cost

The second report recently published highlights information relating to certain financial costs of agricultural crime experienced by a farmer; namely the farmer’s: (i) direct financial loss arising from an agricultural crime incident; (ii) cost of time spent dealing with the aftermath of agricultural crime; and (iii) expenditure on minimising exposure to financial loss which may arise if agricultural crime were to occur (i.e. expenditure on insurance of farm related assets and crime prevention measures related to the farm and farming activities). 

The result

The results showed that two thirds of respondent farmers experienced agricultural crime incurring average costs of €4,328 each.  The remaining respondents who did not experience agricultural crime still incurred average costs of €1,459 each on insurance of agricultural assets and crime prevention measures.  

Related media coverage

Irish Farmer's Journal: Agricultural crime costs each victim €4,300 – survey

Agriland: Farmers willing to take ‘hit’ of €1,700 rather than report theft

Related Courses

Honours of Bachelor of Laws, Legum Baccalaurcus (LLB) in  Law
Bachelor of Arts (Honours) in  Accounting

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