"Internal Audit provides a safety net for the organisation and for its managers"
Fraud diagnostics and control self-assessment
Fraud is usually detected by accident, simply because no-one is given the responsibility for hunting it down. There is often a massive gap between the perception of top managers, who assume that Internal and external auditors are empowered to detect fraud, and auditors who see themselves as watchdogs and not bloodhounds. These days, effective Internal Audit is critical to the survival of the organisation and its honest managers. It provides the final safety net and must be empowered to counter fraud.
We will work with your internal teams to carry out fraud diagnostic checks company-wide or in specific high risk areas such as:
• Marketing, procurement and logistics
• Building construction and maintenance
• Receivable, payable and money laundering compliance
• Advertising, sales and promotions
• Logistics

Our techniques are already credited with recoveries of over $300,000,000. They are effective and low key.
We will also mentor Internal Audit teams to establish routine fraud diagnostic reporting in SAP and other accounting and statistical processes. These automatically alert you to potential fraud symptoms. In this way you can limit your losses and make recoveries.
We are also experts in control self-assessment programmes and partner with the leading provider to mentor your internal teams to identify and deal with risks and comply with regulatory standards.
WE DELIVER
Processes and support to detect existing and future losses
Strategy
Determines enduring policies,
processes & resources
Participation
Provides specialist, practical support
when needed.
Developing routine automated fraud detection programmes, so that the symptoms of fraud
are exposed and resolved
Diagnostic checking for the presence of fraud, company-wide or in high risk processes
Ensuring that Internal Auditors have the
tools and resources to detect fraud and
control weaknesses
Supporting Internal Audit teams on difficult assignments, transferring our knowledge
and experience, willingly
Motivating and training Internal Audit
teams to detect and resolve fraud
Facilitating, mentoring and reviewing control self-assessment programmes