Fraud Audit
HOME | Fraud & Integrity | Fraud Audit
Fraud can affect any organisation, regardless of its size and industry. Moreover, 80% of corporate fraud is perpetrated by at least one internal employee. Corruption, systematic theft and embezzlement all remain significant threats to businesses today.
Why conduct a Fraud Audit?
Many organisations are unaware that they are victims of fraud until it is uncovered during an audit or investigation, or the losses become significant enough to be noticed and severely damage the business. With businesses moving faster, taking part in more transactions and using more technology than ever before, the opportunities for fraud have increased exponentially.
Can you be sure that your organisation is not an unwitting victim of fraud? Conducting a forensic anti-fraud audit via an external auditor will help you to determine opportunities for fraud within your business, pinpoint which procedures are protecting you from fraud, verify financial transactions that are not adequately protected, and introduce and monitor controls that will protect your organisation going forward.
Regents’ Approach
A Regents anti-fraud audit seeks to provide you with the secure knowledge that fraudulent activity is not taking place within your organisation, whilst identifying areas that could be improved in terms of internal control, security and efficiency. We work with you to create a better understanding of where your organisation is vulnerable and how to manage the process of monitoring and protecting these areas.
Fraud can occur within even the most successful and responsible organisations, and it is often only detected when profits or budgets begin to be affected. By conducting an anti-fraud audit you will safeguard your organisation’s assets, and it’s future.
Corporate Investigations
Fraud Audit
Whistleblowing
Corruption
Crisis Management
Need Professional Advice?
Contact Regents Risk Advisory today for a FREE Consultation, we can help you sort through some difficult questions. Call us at +603 6204 5785 (Malaysia) or +65 6345 5770 (Singapore).
Regents Blog
Is Speak Asia Online to be trusted?
Despite being the home of software programmers and large scale IT out-sourcing companies, the Indian public has not been exposed to internet sensations, rumours and intrigue to the same extent as countries such as the USA. Until now. The online opinion company Speak...
Skimming cash frauds
Skimming is the term given to the type of fraud whereby cash from a customer is diverted before it enters the victim company. Embezzlement is the more technical term given to this practice and it is also known as an `off-book fraud’. Detecting and proving a skimming...
Gift card vouchers and the link
to money laundering
Gift card vouchers can be the perfect solution for a birthday when you’re not sure which present to buy. Simply pay cash at the store or shopping mall and transfer the same value onto the voucher to be used at the designated outlets. Travellers Cheques have been...