coso-fraud-risk-management-guide-sept-2016-coso-acfe-cover-pageThere is new guidance just released on fraud risk management for COSO principle 8 and the full COSO framework.

[Excerpt from the ACFE Forum]

We are excited to announce the publication of the new Fraud Risk Management Guide, a resource jointly sponsored by COSO and the ACFE. This guide is an update to the previously released ACFE/IIA/AICPA publication, Managing the Business Risk of Fraud, and is designed to build on both COSO principle 8 and the full COSO Internal Control–Integrated Framework as a foundation for a comprehensive fraud risk management program.

The Executive Summary of the guide is attached to this post. We’ve also created a website (ACFE.com/fraudrisktools) that provides interactive tools and other resources to assist in implementing the practices put forth in the guide. We hope you find this new guide a valuable resource in assessing and improving your organizations’ fraud risk management programs.

——————————
Andi McNeal CFE, CPA
Director of Research
Association of Certified Fraud Examiners
[email protected]
——————————