Fraud Risk Assessment and Regular Monitoring
Frauds and financial irregularities can destroy an organization's reputation, negatively impact employee morale, and lead to civil and criminal prosecution of directors and management. Taking a long and deep look at fraud risks is at the very least, a prudent step that every organization should take.
We help companies identify and understand risks to its business and weaknesses in controls that present a fraud risk to the organization. Once a risk is identified, a plan can be developed to mitigate those risks by instituting controls or procedures and assigning individuals to monitor and effectuate the plan of mitigation.