Basic Fraud Prevention Assessment

For a basic fraud prevention assessment tailored to small businesses, our services typically include:

• Risk Identification: We assess your business operations to identify potential areas of vulnerability to fraud, such as cash handling procedures, internal controls, and employee access to sensitive information.
• Internal Controls Review: We review your existing internal controls and procedures to determine their effectiveness in preventing and detecting fraudulent activities. This may include evaluating segregation of duties, authorization processes, and documentation practices.
• Policy and Procedure Review: We examine your company’s policies and procedures related to fraud prevention and detection to ensure they are comprehensive and up to date. We may provide recommendations for enhancing existing policies or implementing new ones as needed.
• Employee Training: We offer basic training sessions for your employees to increase awareness of fraud risks and prevention measures. This may include topics such as recognizing red flags, reporting suspicious activities, and maintaining confidentiality.
• Recommendations Report: Finally, we provide you with a detailed report summarizing our findings and recommendations for improving your fraud prevention efforts. This report may include actionable steps you can take to strengthen internal controls, enhance employee awareness, and reduce the risk of fraud in your business.
  
  By conducting a thorough assessment of your fraud risks and providing targeted recommendations, we help you strengthen your defenses against fraud and protect your small business from financial losses and reputational damage