Fraud Smart - Tapa dura

A professional guide to developing training for fraud risk and detection This book provides a simple but effective method of developing a fraud risk awareness strategy that focuses on training employees using a six-stage approach to this task that involves understanding the threat, appreciating respective responsibilities, embracing a sound moral compass, recognizing red flags, mastering suitable internal controls, and managing the risk of fraud. Using this step-by-step approach, all senior executives, managers, employees, and associates can develop an important new skill set that will help them understand and deal with the risk of fraud in the workplace.

Fraud can affect any organisation, from the smallest local firms to the largest multi-national conglomerates, and its impact on reputation and financial health can be enormous. One of the most effective ways to deal with the growing threat of fraud is to provide all staff with comprehensive fraud awareness training; that is, to make the entire workforce Fraud Smart.

This book is aimed at managers, supervisors, team leaders and front-line employees who have no specialist knowledge about fraud and fraud control; in it, Spencer Pickett uses clear, jargon-free language to explain his five stage Fraud Smart process, which is designed to enable the workforce to:

• Understand the concept and threat of fraud
• Appreciate the respective roles of different groups within the organisation, and how they fit together to ensure that fraud is kept at bay; which skills do staff already have, or do they need to obtain, to manage this process effectively?
• Understand and embrace the fundamental concepts of sound business ethics
• Recognize red flags and be proactive about spotting fraud
• Master suitable controls and ensure that the appropriate safeguards are in place, and working effectively

It is essential for every business to tackle fraud head on; Fraud Smart provides all the tools necessary to ensure that the risk of fraud is properly managed alongside the wider business risks that face all organizations.