Thursday, June 5, 2008

Fraud Risk Assessment

2 comments:

Dr. Francis A. Ikeokwu, Ph.D., MAC, MBA, CFC. said...

Fraud Risk Assessment is an important and complex area that affects businesses, both large and small. It is an area that is worth discussing. I have no reservation in say that you have created a that will attract interest.

PERSPECTIVES said...

Fraud Risk Assessment is a necessity for every organization. As fraud in the organization grows like a wild fire, there is a need for organization to strength their controls for fraud.
The key to Fraud Risk Assessment is getting mangagement to agree to a fraud free environment, securing managers participation in the fraud risk assessment process, getting employees involved through a fraud risk awareness programs.
The internal audit team is highly needed for helping to perform fraud risk assessment in the different fraud prone areas of the organization.

Contact PowerHouse Anchor Management Consulting, Inc. for help with implementing Fraud Risk Assessment for your organization.