New Guidance Offers Practical Ideas to Manage Fraud Risk

The Institute of Internal Auditors (IIA) along with the Association of Certified Fraud Examiners (ACFE), and The American Institute of Certified Public Accountants (AICPA), is pleased to announce the release of "Managing the Business Risk of Fraud: A Practical Guide."

This new guidance outlines five key principles of a fraud risk management process and recommends ways in which boards, senior management, and internal auditors can fight corporate fraud. The report is the result of two years of work from a dedicated task force of more than 20 experts in the field of fraud risk identification, mitigation, and investigation.

Managing the Business Risk of Fraud: A Practical Guide is available as a free download. An executive summary report is also avaialble, click here to download.