Write a paper on “Case study; Preventing Fraud”

Fraud prevention and detection policy should cover the following issues:

1. Fraud awareness and prevention policies

2. Individual risk factor management (promotion of moral behavior, code of ethics, etc.)

3. Training

4. Fraud detection and response policies (including evidence gathering)

5. Controls over physical and logical access

6. Employee controls and supervision policies

7. Accounting reconciliation and analysis

8. Organizational audits and the audit function

9. Senior management support and enforcement of the policy

Answer rating: 100% (QA)

Fraud is one of the major global challenges that organizations face in various capacities usually perpetuated by individuals or groups of people with a motive of benefitting from others unlawfully Wel... View the full answer