Assessing, improving, and monitoring anti-fraud programs are key elements of an effective internal control structure.
Do you have appropriate fraud governance activities and fraud risk identification processes? Does your organization know the most common types of fraud in your industry? Do you have internal controls to mitigate your key fraud risks?
No two organizations are the same and specific fraud risks and exposures are unique to each organization. To know which fraud risks your organization may susceptible to, a fraud risk assessment must be conducted. Understanding how to properly identify and assess potential fraud risks will help an organization develop and implement an effective fraud program that reduces the potential financial, reputational, and organizational risks that can be associated with fraud. An organization’s ability to prevent and detect fraud begins with identifying and assessing potential fraud risks. Our experienced Certified Fraud Examiners and seasoned fraud professionals can facilitate and manage successful fraud risk assessments for your organization.
Through a Fraud Risk Assessment, we can help you identify your most significant risk areas so that they can be better managed and mitigated.