As an already worried financial world is rocked by yet another allegedly massive fraud, have you considered your own vulnerabilities? Fraud tends to be carried out by those who are normally considered to be trustworthy or work in specialised roles without oversight or management. People who are fraudulent are normally extremely competent in their area of specialisation and, because they know their own management systems so well, can effectively cover their tracks. The impact of fraud can be not only damaging but can destroy companies completely if the scale of the activity is large enough. So, is it time that you had a good look at your own organisation’s processes and what exactly goes on in vulnerable areas? If you want to know what to look for and the types of fraudulent activities that can go on, ARC conducts various workshops and programmes which cover their symptoms and treatment. Contact Janet for details.
Monday, December 15, 2008
Are You Vulnerable to Fraud?
As an already worried financial world is rocked by yet another allegedly massive fraud, have you considered your own vulnerabilities? Fraud tends to be carried out by those who are normally considered to be trustworthy or work in specialised roles without oversight or management. People who are fraudulent are normally extremely competent in their area of specialisation and, because they know their own management systems so well, can effectively cover their tracks. The impact of fraud can be not only damaging but can destroy companies completely if the scale of the activity is large enough. So, is it time that you had a good look at your own organisation’s processes and what exactly goes on in vulnerable areas? If you want to know what to look for and the types of fraudulent activities that can go on, ARC conducts various workshops and programmes which cover their symptoms and treatment. Contact Janet for details.
