Ten Ways to Tune Up Your Fraud Risk Management Approach

Given the current economic climate, it is not surprising that the potential for fraud has increased. Of the 507 Certified Fraud Examiners who responded to a 2009 survey, more than half indicated that the number of frauds has increased during the past year. Despite these findings, not all organizations are stepping up their fraud assessments and risk management efforts. This article provides 10 specific action internal auditors can take.