Fraud Risk Assessments

Three elements increase the risk of fraud in any organisation. 

Rationalisation. This is the validation that a person has to partake in the fraud.

Opportunity. Perhaps through weaknesses in internal controls. 

Incentive. It’s common for an employee to commit fraud as a result of pressure.  

Fraud risk assessments are proactive measures taken to identify and address an organisations’ vulnerabilities to internal and external fraud. 

A detailed and organisation appropriate fraud risk assessment will help any organisation to mitigate fraud and its impacts. 

David and Scott have provided fraud risk assessments to a number of organisations.