Premium Only Content

Internal Auditor’s top five approaches for conducting a fraud investigation
Internal Auditor’s top five approaches for conducting a fraud investigation
1. Risk Assessment
Identify Vulnerabilities: Assess the organization's operations to spot areas susceptible to fraud.
Analyze Data: Use data analysis to find patterns or unusual activities.
Prioritize Risks: Determine which areas need closer scrutiny based on the risk level.
2. Evidence Gathering
Document Review: Thoroughly examine contracts, invoices, and financial records for discrepancies.
Digital Forensics: Investigate electronic records and communications.
Interviews: Talk to key people and suspects to gather information and evidence.
3. Whistleblower Programs
Encourage Reporting: Promote an environment where employees feel safe to report suspicions.
Protect Whistleblowers: Ensure anonymity and protection for those who report fraud.
Monitor Reports: Keep track of reported incidents and response times to assess the program's effectiveness.
4. Compliance and Legal Standards
Stay Legal: Ensure compliance with laws and regulations during the investigation.
Checklist Compliance: Keep a checklist of legal requirements and ensure they are met.
Ethical Conduct: Maintain ethical standards throughout the investigation.
5. Documentation and Reporting
Record Everything: Keep meticulous records of evidence and findings. Comprehensive Reporting: Prepare a detailed fraud investigation report. Recommendations: Offer actionable recommendations to prevent future fraud.
-
1:34:00
Nick Freitas
1 hour agoCan Elon Musk’s America Party Actually Win?
1811 -
LIVE
Edge of Wonder
5 hours agoIs Cloud Seeding ‘Rainmaker’ Connected to Texas Floods?
285 watching -
LIVE
LIVE WITH CHRIS'WORLD
22 minutes agoLIVE WITH CHRIS'WORLD - DO YOU FEEL LIED TO?
62 watching -
1:06:31
BonginoReport
3 hours agoIs Trump Trying To Sweep Epstein Under The Rug? - Nightly Scroll w/ Hayley Caronia (Ep.85)
107K104 -
1:19:40
Kim Iversen
4 hours agoDid Cloud Seeding Cause The Texas Floods?
90.1K59 -
57:28
Redacted News
4 hours agoHe's EXPOSING the Secret Dark History of The W.H.O and the Pandemic Treaty | Redacted Conversation
64.1K38 -
5:35:46
StoneMountain64
6 hours agoREMATCH is PEAK gaming in 2025
59.6K2 -
LIVE
LFA TV
22 hours agoLFA TV ALL DAY STREAM - TUESDAY 7/8/25
750 watching -
30:00
Uncommon Sense In Current Times
2 hours ago $0.14 earnedTeaching Kids to Pray for Persecuted Christians | Children's Prayer Passport | Ryan Brown
3.44K -
16:19
Professor Gerdes Explains 🇺🇦
4 hours ago🚨 Trump Defied Putin...Or Was It All a LIE? (Proof!)
3.75K3