Fraud Risk Management

Fraud — by insiders or outsiders — is a risk every business carries, and the cost of it is rarely just the money lost. Fraud risk management assesses where the business is exposed, then builds the controls and the culture that prevent and detect it.

The firm assesses the fraud risks and designs the anti-fraud framework, complementing forensic investigation when something has already gone wrong.

Fraud risk management covers, including:

• A fraud-risk assessment across the business
• Preventive controls — segregation of duties, authorisation, access
• Detective controls — reconciliations, exception reporting, analytics
• An anti-fraud policy and whistle-blower mechanism
• Awareness and a response plan

1. 01

   Assess

   Identify the fraud risks and the weak points.

2. 02

   Design controls

   Build the preventive and detective controls.

3. 03

   Embed

   Put the policy, mechanisms, and awareness in place.

4. 04

   Monitor

   Review effectiveness and refine.

PBT helps you prevent fraud, not just investigate it after the fact.

• A clear view of fraud exposure
• Practical preventive and detective controls
• An anti-fraud policy and whistle-blower channel
• Linked to forensic investigation if needed
• Scope, deliverables, and fees agreed in writing up front

• How is this different from a fraud investigation?

  Fraud risk management is preventive — assessing risk and building controls before fraud occurs; investigation responds after a fraud is suspected. We do both.

• What are the most important anti-fraud controls?

  Segregation of duties, proper authorisation, access controls, regular reconciliation, and a working whistle-blower channel. We tailor them to your risks.

• How long does it take?

  A fraud-risk assessment and control design takes a few weeks; embedding and monitoring continue from there.