© D.L. Crumbley
Fraud Risk Assessment
Ernst & Young report found that organizations that had not performed fraud vulnerability reviews were almost two-thirds more likely to have suffered a fraud within the past 12 months. J.W. Koletar, p. 167.
A company should have a fraud risk assessment performed of their controls, procedures, systems, and operations. J.W. Koletar, p. 166.
Sources: J.W. Koletar, Fraud Exposed, John Wiley & Sons, 2003