I created this short video for a company to illustrate both the components and status of the Global Antifraud Program. It was shown at the beginning of the meeting to facilitate the conversation about the program. (2013 Copyright Fraud-Doctor.com) [wpvideo 5jxBReaH] (4:42) Global Antifraud Program OBJECTIVE: To manage the fraud risk. GOALS: Prevention, Detection and Deterrence. COMPONENTS: Governance, Fraud Awareness Training, Fraud Risk Assessment, Investigations, and Continuous Monitoring.
Continue ReadingIs your company at risk for fraud?
We help companies better understand and manage their fraud risk. We help organizations protect themselves from fraud to reduce risk, educate, and through outreach. Is your company at risk for fraud? All companies have an inherent risk for fraud estimated at 5% of revenue, according to the 2014 ACFE Report to the Nations on Occupational Fraud and Abuse. In response to the inherent risk for fraud, many companies are developing antifraud programs. The ultimate goal of an effective antifraud program is to mitigate risk to the organization due to fraud through a combination of preventative, detective, and deterrent controls. What is your company’s risk for fraud? Do you have a… Read More
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