The RISQ Fraud Health Check has been designed to allow companies to perform a self-assessment of their exposure to fraud. It is based on our experience in the fraud risk management arena and on fraud cases we have investigated over the last 20+ years.
It is user-friendly and is applicable to any company regardless of size, market segment or geographical location or countries of operation. Used properly, we believe this can be a powerful tool in assisting companies in their fight against theft, fraud and other unlawful conduct.
The Fraud Health Check has been broken down to cover the following areas within a business:
Section 1: Procurement
Section 2: Payroll
Section 3: Cash handling
Section 4: Accounts Handling
Section 5: Inventory Control
Section 6: Information Technology
Section 7: Security
Section 8: Human Resources
Section 9: Policies and training
Section 10: Culture
The questions and answers have been weighted to allow the user to identify those areas within their business which require further attention in order to reduce the risk of suffering a loss from fraud. Treating these high risk areas should help protect organisations from suffering losses in the future as a result of internal or external fraud.
