Fraud is a persistent and significant problem faced by all companies and organisations.
Increasingly, regulators, board members, audit committee members, independent auditors, investors and other stakeholders are asking executive management more pointed questions about how they are responding to fraud risk.
Businesses lack a consistent, well thought-out and coordinated program that nstrates an understanding of key fraud risks and their potential impact as well as an effective plan to mitigate and monitor the controls over these risks.
An anti-fraud programme will help executive management to address fraud risk by assessing each element of the company’s anti‑fraud defences, identifying opportunities for improvement, providing a process for implementing the improvements, and helping management understand how to monitor the effectiveness of the programme going forward.
We believe that a robust anti-fraud programme will:
We have developed an approach to fraud risk management that can be tailored to suit particular client needs, be that a broad-based review or addressing particular concerns. This approach addresses the three main objectives of robust fraud risk management: Prevent, Detect and Respond.
What we can do for you: