FCPA Compliance & Translation Considerations Join us on this episode of FraudCast as we discuss this with Jay Rosen, VP of Legal & Corporate Language Solutions at Merrill Brink International, a United Language Group company. We answer questions such as: Where do translation services fit into the non-English language investigation protocol? How do most organizations attempt to deal with non-English language data? How should a global organization with potential risk exposure go about finding and vetting a qualified Language Solutions Provider (LSP)? And much more. YouTube link: https://youtu.be/-HsfrDixGZ8 Also see: Call for Subject Matter Experts to become a guest speaker on FraudCast. Helpful Speaker Tips for step by step instructions on… Read More
Continue ReadingFraudCast – Interviewing in Fraud Matters
Join us on this episode of FraudCast as we discuss interviewing and interrogations in the fraud environment with Mark Anderson, Director of Training & Development of Anderson Investigative Associates LLC. We answer questions such as: How important are interviews in the digital age? What are areas of emphasis required in a fraud subject interview? How important is rapport? And much more. YouTube link: https://youtu.be/I_EvmU_V9ow Also see:Call for Subject Matter Experts to become a guest speaker on FraudCast.Helpful Speaker Tips for step by step instructions on the interview process.Join us on this episode of FraudCast as we discuss interviewing and interrogations in the fraud environment with Mark Anderson, Director of Training & Development of Anderson Investigative Associates LLC. We answer questions such as: How important are interviews in… Read More
Continue ReadingFraud Risk Assessment
Specializing in antifraud for INSIDER THREAT & FRAUD MANAGEMENT. The first step in effective fraud management is the Fraud Risk Assessment. It provides much more than the inputs required for a risk-based annual audit plan. The results of the evaluation begin the process to allow for the determination of risk appetite, tolerance levels (+/- %), key risk indicators (KRIs), identification of anomalies, and the development of predefined management actions and communication strategy in response to exception reporting. Benefits of the fraud risk assessment include: Visibility into the organization’s fraud risk; Understanding of the risks by department and scheme; Prioritize antifraud efforts and allocate resources effectively by focusing on the risks… Read More
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Personalized Statistical Fraud Risk Report
The objective of the report is to provide a tool for management to adequately create a strategy to mitigate, avoid, accept, or transfer fraud risk. A detailed set of analysis is performed so as to be a roadmap for management to take action to address the risk for fraud by providing:
* Visibility into the organization’s fraud risk;
* An understanding of fraud risk by department and scheme;
* Prioritization of antifraud efforts;
* Ability to quantify impact and likelihood for COSO Enterprise Risk Management (ERM); and
* Benchmark for Key Risk Indicators (KRIs).
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ACFE Report to the Nations 2012 Global Fraud Survey
ACFE Report to the Nations 2012 Global Fraud Survey Issued Tuesday, May 8, 2012 Summary of Findings ___________________ • Survey participants estimated that the typical organization loses 5% of its revenues to fraud each year. Applied to the 2011 Gross World Product, this figure translates to a potential projected annual fraud loss of more than $3.5 trillion
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Just how many fraud schemes are there?
Just how many fraud schemes are there? You may be surprised. Here is a map of just occupational fraud schemes; where a person uses their job to facilitate the fraud. They are the most common schemes found in corporate fraud. However, depending on the industry, there are a host of industry-specific schemes that could be incorporated into each of these. Each fraud scheme is different with varying methodologies, positions of trust, and motives. Sometimes one fraud scheme is used by one fraudster and other times multiple schemes are used by many people. Download a free listing (PDF) of Occupational Fraud Schemes (9-pages) Request a free consultation
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