Tue, Dec 1, 2020

Raising the Bar on Fraud Risk Management � The Role of Internal Audit

In a recent webcast, Cem Ozturk, Managing Director, and Matthew Weitz, Associate Managing Director, in the Business Intelligence and Investigations practice of Kroll, a division of Duff & Phelps, presented findings from a joint research report by Kroll and the Internal Audit Foundation. The findings included perceptions of the effectiveness of the fraud risk management program, which consists of an organization's prevention, detection and response, the tools to fight fraud, instances of fraud vs. perception, the tone from the top, and resourcing for successful fraud risk management in an organization. Speakers also shared trends and insights from the APAC region. 

Watch the webcast replay here.

The Role of Internal Audit in Fraud Risk Management

The discussion topics covered were:

  • Observations of shifting fraud risk trends ensuing from the COVID-19 environment 
  • Responsible authority for fraud risk management and detecting fraud in an organization
  • Challenges in the heightened risk environment and ways the internal audit function must raise the bar and respond
  • Role of internal audit in fraud risk management, including prevention, detection and response and how the role is changing globally


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Kroll’s forensic investigations and intelligence team delivers actionable data and insights to help clients across the world make critical decisions and mitigate risk.

Fraud, Corruption and Money Laundering

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