Fraud Prevention

//Fraud Prevention
Fraud Prevention 2018-04-15T11:55:50+00:00

Virtually every entity suffers from fraud, though management might not know it. With fraud costing entities an estimated 5 percent of their annual revenues, organizations lacking proactive fraud prevention measures are the most at risk. If you were to apply this estimate to your organization’s annual revenues, what would be the potential fraud loss to the bottom line? The result might be surprising. We support your company’s performance by showing you:

  • Why traditional internal controls can be ineffective in preventing many frauds and how to combat fraud more effectively and economically.
  • What you can do to protect your company from fraud. Learn about management’s responsibilities for preventing fraud and effective internal controls to aid in this effort.
  • Leading techniques to manage the risk of fraud and cut its ongoing cost for all types of entities.
  • How to implement the seven factors for establishing an anti-fraud program
  • Find the gaps in your fraud prevention process
  • Outline the elements typically found in an anti-fraud policy
  1. Fraud Awareness
  2. Fraud Risk Assessment
  3. Anti-Fraud Program : Design and Implementation
  4. Whistle Blowing Policy & Code of Ethics

We are also members of the Association of Certified Anti-Money Laundry Specialist (ACAMS) and Association of Certified Fraud Examiners (ACFE).
For further information, please email us at info@riskgovernance.co