Fraud Prevention Checklist

Fraud Prevention Checklist

1. Is ongoing anti-fraud training provided to all employees of the organization?

2. Is an effective fraud reporting mechanism in place?

3. To increase employees’ perception of detection, are the following proactive measures taken and publicized to employees?

4. Is the management climate/tone at the top one of honesty and integrity?

5. Are fraud risk assessments performed to proactively identify and mitigate the company’s vulnerabilities to internal and external fraud?

6. Are strong anti-fraud controls in place and operating effectively, including the following?

7. Does the internal audit department, if one exists, have adequate resources and authority to operate effectively and without undue influence from senior management?

8. Does the hiring policy include the following (where permitted by law)?

9. Are employee support programs in place to assist employees struggling with addiction, mental/emotional health, family or financial problems?

10. Are employee support programs in place to assist employees struggling with addiction, mental/emotional health, family or financial problems?

11. Are employee support programs in place to assist employees struggling with addiction, mental/emotional health, family or financial problems?