Fraud

All organizations are open to fraud risks. Fraud — and the lack of fraud detection, mitigation, and recovery plans ― have led to loss of revenue, reputation, and consumer confidence. CAEs must be vigilant in putting processes and policies in place to address every level of potential fraud, including internal and external risks, and ethical responsibilities. In this video, CAEs discuss how they expect internal audit will address the ethical use of data in the future, especially in the areas of privacy and training.

Featured Resources​​​​

Fraud Awareness and Investigation with Sample Documents

Fraud Awareness and Investigation with Sample Documents

Responding to a Peer Request regarding fraud awareness and investigation campaigns, Audit Executive Center CAEs provided detailed feedback including sample templates and reports. Read the report.

Risks and Rewards of Investigating Fraud

Risks and Rewards of Investigating Fraud 

Reasons to investigate a potential fraud are plentiful: findings from an external or internal audit, employee allegations of fraudulent conduct, vendor or customer complaints, and government subpoena, to name a few. In addition, performance reviews are a source of possible issues, as well as other anomalies discovered through data analysis. Learn more.

Insider Threat Programs

Insider Threat Programs

By becoming aware of insider threats and the associated risks and by learning about insider threat programs, CAEs have a tremendous opportunity to add value by helping their organizations strengthen governance, risk management, and control processes. Read the Audit Guide.
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