COSO Standards have changed to focus more on Fraud.
It is a good sign that more and more organizations are using Fraud Risk Assessments (FRA) to determine the specific fraud risks to which they are vulnerable as a guideline for planning fraud audits aimed at detecting the red flags of fraudulent activity and eliminating weaknesses in anti-fraud controls. Challenge: […]
Boston – Risk Analytics Strategies, LLC of Dracut, MA announces the release of FraudVision™, the “first of its kind” software that specifically addresses the automation of fraud risk assessments. Much has been written about the importance of conducting regular Fraud Risk Assessments (FRA). These are detailed evaluations of an organization’s […]