Federal grant awards are especially susceptible to gaps in the internal control structure related to detection, deterrence, and prevention of fraud in various high-risk areas for the organization. Performing a fraud risk assessment and internal control analysis is imperative to understand most common fraud schemes, their possible root causes, and internal control considerations that can help you address risk in your organization.
As you look through this printable guide, please note the fraud schemes and internal controls that you would like to know more about. P&N professionals are thoroughly familiar with fraud prevention, detection, and investigation, and can help you mitigate the risks in your organization. Contact us to start a discussion.