Fraud Detection

In the recent past, there have been some highly publicized incidents of fraud involving major organizations such as Enron and WorldCom. Studies indicate that the occurrence of fraud has increased over the last few years. There is a need to not only detect the occurrence of fraud, but to also prevent it from happening in the first place.

The key to a fraud-free environment is an effective Anti-Fraud Program. Enterprise Risk Management can help perform a Fraud Risk Assessment that is commensurate to the size and complexity of your organization. The Fraud Risk Assessment will cover your organization's vulnerability to fraudulent activity. Once the Fraud Risk Assessment is complete, a comprehensive Anti-Fraud Program may be developed by taking into consideration all the various possibilities of fraud.