Fraud Risk Assessment

If you can’t spot your risks, you could end up a victim.

Fraud can have a devastating effect. Just ask executives of a midsized U.S. manufacturer who were shocked to learn one of their employees had embezzled more than $30 million.

Because the typical employee isn’t trained in fraud prevention, yearly updating of a fraud risk assessment as required by SOX can be challenging. The structured fraud risk assessment should be customized for your organization’s size, industry, complexity and goals; and, at a minimum, should identify risks and their likelihood, how significant the identified risks are and how prepared and able the organization is to respond to fraud.

Don’t get bogged down in compliance details
It takes expertise and experience to properly assess sophisticated fraud scenarios, recommend fraud prevention best practices and adjust controls to maximize their effectiveness against potential fraud.

Our experienced team of certified fraud examiners is familiar with prevalent fraud schemes and has helped organizations in industries of all types avoid damaging losses. We can help you comply with SOX and assess your risks before a fraud occurs.