YOUR FRAUD RISK MANAGEMENT PROGRAMME You should already have a programme in place to mitigate against the risk of fraud. But how effective is it? Fraud Risk Governance It’s essential to establish clearly defined roles and responsibilities in defending against fraud. If they’re not already in place, we’ll help you identify the roles, what they entail and who might be best suited to take responsibility. Knowing who is looking out for what is half the battle. Fraud Risk Assessment We’ll help you identify the most likely sources of fraud, such as a vulnerable business unit or individual(s), probable types of fraud and possible schemes – which could be aimed at harming your reputation, as well as your finances.
MORE FRAUD RISK MANAGEMENT We’ll help you assess and enhance these vital aspects too: Fraud Control Activities We can design and help you implement effective controls to combat both external and internal fraud, based on our knowledge of your organisation and assessment of potential weaknesses. Fraud Risk Management monitoring How well is your fraud risk management programme working? Is fraud awareness and training embedded across your organisation? How effective is that training? We can suggest recommended steps to monitor, evaluate and where necessary, enhance your fraud risk management activities.
I instructed AAB to investigate a fraud which had occurred at a remote subsidiary of my institution. They acted promptly and with persistence in researching the financial background, providing me with excellent oral and written reports. Director, Charitable Institution
The firm's IHT, Trusts and Estates team provided me with highly innovative solutions which produced the exact result that I requested. I asked many, many questions along the way – all of which were ably answered by the team.James Thom
The reason why we have such a long standing working relationship with AAB is because from the very outset they made a conscious effort to really understand our business. We have always found AAB to be highly professional, competent and skilled.John Booth, VSA
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Blog21st Dec 20232023 Business Unit Year In ReviewOxford recently released their word of the year for 2023 and it was “rizz”. If we had to pick a word for our year it would be ‘growth’. You might have heard us talk about our growth journey a time…By John BeeversView more
Blog27th May 2021Assurance vs Audit: What is the Difference?Understanding the difference between assurance and an external audit will help you get the most out of these procedures, explains Donal McGibbon… Demand for assurance and audit services has increased in recent years, partly because many business grants and supports…By Dónal McGibbonView more
Blog24th Feb 2021What is the Purpose of an External Audit?While business owners sometimes question the value of external audit, there can be strong business benefits to having your financial statements independently verified, explains Karen Coulter… Certain businesses are required by law to have an external or statutory audit. Others,…By Karen CoulterView more