The risk of fraud is present in almost every business regardless of size, shape, and complexity and could be perpetrated by an employee, a vendor, a client, or even a member of the Board. Fraud scenarios could be quite varied and concealed by complex and sophisticated strategies. While fraud is often “detrimental” with employees, vendors, or clients bleeding company assets, it can also be “beneficial” when executives artificially inflate company financial statements.
It is critically important that corporate Fraud Risk Management strategies keep pace with the evolving and increasing fraud risk.
Vonya Global is a leading authority on fraud prevention, fraud detection, and fraud deterrence. Through our Fraud Risk Management services, we help our clients raise the sophistication of their audit procedures, allowing them to prevent, detect, and deter fraud.
A Fraud Risk Assessment will identify areas of your business which are most susceptible to fraud. It takes many factors into consideration to determine which fraud schemes are most likely being perpetrated and in what parts of the business.
Auditing for Fraud is the application of audit procedures to business transactions to identify fraud in core business systems. The goal is to identify fraudulent transactions that warrant an investigation.
We provide thorough analysis of company controls, processes, and procedures in uncovering a suspected fraud. Within a few days, a preliminary assessment with a detailed investigative plan of action will be provided.
Periodically Vonya Global reports on the effectiveness of corporate Fraud Risk Management strategies. The results can be viewed in the Vonya Global Fraud Risk Management Report.