We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Fraud Conclusion

The whole doc is available only for registered users

A limited time offer! Get a custom sample essay written according to your requirements urgent 3h delivery guaranteed

Order Now

1. The primary approach of detecting fraud is anonymous tips and complaints. An organization like business entity should guide employees to provide useful information and to provide various ways and methods for individuals to contribute such kind of information. On the other hand, when the organization received the information provided, it should have an effective and efficient way to collect and process these complaints, dissatisfaction and information.

2. One of the important thing in fraud investigation is timing. When perpetrators find their circumstance has been compromised by somebody who learned about the misdeeds, the evidence would be destroyed and deleted immediately.

3. Nowadays, almost every organization use computer to deal with different issues everyday, and at the same time computer files and hard drives are at equal risk for corruption and deletion if the organization do not have an effective way to preserving these documents and data in a timely fashion. Therefore, to establish a reliable and secure backups of the drives creates a secondary plan in the event files are deleted or computer drives are deleted.

4. It is important to have an initial discussion at the beginning of an investigation into a potential fraud matter identifying different investigative options. To manage a client’s expectation are very necessary as well. Also, the sense of urgency should be put on two initial areas: preserving critical potential evidence and securing assets, bank accounts, investments, and other means for restitution.

5. To involve human resources personnel within the victim organization is equally important to counsel. In details, targets of investigations should be subject to employment policies and procedures of the victim organization. Targets of inquiries and fraud investigations are often placed on paid administrative leave pending the outcome of the investigation, which need to preserve both the integrity of the individual and the integrity of the investigation.

6. In every fraud investigation, legal counsel also plays a very significant. No privilege exists between a client and an accountant, or a client and a fraud investigator. To some extent, all communications should be directly to counsel, and all work performed should be clearly marked confidential and attorney client privileged, in order to preserve the privilege between the client and counsel.

Related Topics

We can write a custom essay

According to Your Specific Requirements

Order an essay
Materials Daily
100,000+ Subjects
2000+ Topics
Free Plagiarism
All Materials
are Cataloged Well

Sorry, but copying text is forbidden on this website. If you need this or any other sample, we can send it to you via email.

By clicking "SEND", you agree to our terms of service and privacy policy. We'll occasionally send you account related and promo emails.
Sorry, but only registered users have full access

How about getting this access

Your Answer Is Very Helpful For Us
Thank You A Lot!


Emma Taylor


Hi there!
Would you like to get such a paper?
How about getting a customized one?

Can't find What you were Looking for?

Get access to our huge, continuously updated knowledge base

The next update will be in:
14 : 59 : 59