Our proactive services are designed for responsible and progressive organisations that wish to manage their risks before problems occur. Fraud and corruption are now internationally accepted as serious business risks. To assess fraud risks, organisations need to understand the areas and activities susceptible to fraud, and how to counteract these risks.
In order to sufficiently address these risks, the development and implementation of a fraud prevention plan is critical to businesses today. The benefits of implementing such a plan cannot be measured only in monetary terms, but also include reduced demand on management time and improved corporate image and morale. Other benefits include cost savings in the areas of fraud losses and investigation costs.
Potential issues
- You have experienced instances of fraud, theft or corruption and were not able to respond effectively.
- You have identified fraud risks and are looking for ways to address them.
- You need to comply with the Public Finance and Management Act regarding fraud policies.
- You want to improve corporate governance and ethics in your organisation.
How we can support you
- Ensuring that an appropriate Code of Ethics and Business Conduct is in place.
- Developing a sound whistle-blowing programme supported by appropriate reporting channels such as an anonymous ethics reporting hotline.
- Ensuring that the appropriate anti-fraud policies, fraud response plans, investigation methodologies and remediation measures are in place.
- Assisting with appropriate hiring and promotion practices considering relevant probity.
- Ensuring compliance with the Public Finance and Management Act regarding fraud policies.
Services
- Fraud risk assessments
- Fraud prevention controls
- Whistle-blowing strategies and policies
- Fraud response plans
- Fraud detection reviews
- Forensic Investigation training to in-house forensic units
