Fraud Risk Management Toolkit

Save time, empower your teams and effectively upgrade your processes with access to this practical Fraud Risk Management Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Fraud Risk Management related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Fraud Risk Management specific requirements:

STEP 1: Get your bearings

Start with...


• The latest quick edition of the Fraud Risk Management Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.


Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…


• Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation


Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 993 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Fraud Risk Management improvements can be made.

Examples; 10 of the 993 standard requirements:


1. Has there been appropriate communication with the other audit team members throughout the audit regarding information or conditions indicative of risk of material misstatement due to fraud or error?
   
   

2. Have the engagement objectives been designed with consideration of the risks relevant to the activity under review, probability of significant errors, fraud, noncompliance and other exposures?
   
   

3. Did the engagement team consider the risk of management override of controls as a significant risk of fraud and designed and performed appropriate procedures to respond to the risk of fraud?
   
   

4. Does your organization have a process in place for the identification and removal of impersonator websites/domain names/apps which have been setup for the purposes of phishing information?
   
   

5. What progress is your organization making in limiting its vulnerability to fraud, waste, abuse, and mismanagement by addressing mission critical management challenges and program risks?
   
   

6. Have internal auditors ascertained whether management and/or the board have established adequate criteria to evaluate and determine whether objectives and goals have been accomplished?
   
   

7. Did information arise from inquiries of audit committee or equivalent personnel which should be considered further in identifying risks of material misstatement due to fraud?
   
   

8. What steps are taken to ensure that systems and technology relied upon are appropriate for the business and calibrated in accordance with your organizations risk appetite?
   
   

9. When engagement results have been released to parties outside of your organization, does the communication include limitations on the distribution and use of the results?
   
   

10. Does the system allow you to do forensics on transaction histories to find other incidents of a fraud pattern or how a newly discovered type of fraud was perpetrated?
    
    


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:


• The workbook is the latest in-depth complete edition of the Fraud Risk Management book in PDF containing 993 requirements, which criteria correspond to the criteria in...


Your Fraud Risk Management self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:


• The Self-Assessment Excel Dashboard; with the Fraud Risk Management Self-Assessment and Scorecard you will develop a clear picture of which Fraud Risk Management areas need attention, which requirements you should focus on and who will be responsible for them:
  
  


• Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix

• Gives you a professional Dashboard to guide and perform a thorough Fraud Risk Management Self-Assessment

• Is secure: Ensures offline data protection of your Self-Assessment results

• Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:



STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Fraud Risk Management projects with the 62 implementation resources:


• 62 step-by-step Fraud Risk Management Project Management Form Templates covering over 1500 Fraud Risk Management project requirements and success criteria:


Examples; 10 of the check box criteria:


1. Milestone List: Describe the industry you are in and the market growth opportunities. What is the market for your technology, product or service?
   
   

2. Stakeholder Management Plan: Were Fraud Risk Management project team members involved in detailed estimating and scheduling?
   
   

3. Variance Analysis: What is the expected future profitability of each customer?
   
   

4. Closing Process Group: Mitigate. what will you do to minimize the impact should a risk event occur?
   
   

5. Activity Duration Estimates: Are steps identified by which Fraud Risk Management project documents may be changed?
   
   

6. Procurement Management Plan: Does all Fraud Risk Management project documentation reside in a common repository for easy access?
   
   

7. Activity Attributes: Does your organization of the data change its meaning?
   
   

8. Source Selection Criteria: Do you want to have them collaborate at subfactor level?
   
   

9. Probability and Impact Matrix: Does the customer have a solid idea of what is required?
   
   

10. Requirements Management Plan: Who has the authority to reject Fraud Risk Management project requirements?


 
Step-by-step and complete Fraud Risk Management Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


• 1.1 Fraud Risk Management project Charter

• 1.2 Stakeholder Register

• 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:


• 2.1 Fraud Risk Management project Management Plan

• 2.2 Scope Management Plan

• 2.3 Requirements Management Plan

• 2.4 Requirements Documentation

• 2.5 Requirements Traceability Matrix

• 2.6 Fraud Risk Management project Scope Statement

• 2.7 Assumption and Constraint Log

• 2.8 Work Breakdown Structure

• 2.9 WBS Dictionary

• 2.10 Schedule Management Plan

• 2.11 Activity List

• 2.12 Activity Attributes

• 2.13 Milestone List

• 2.14 Network Diagram

• 2.15 Activity Resource Requirements

• 2.16 Resource Breakdown Structure

• 2.17 Activity Duration Estimates

• 2.18 Duration Estimating Worksheet

• 2.19 Fraud Risk Management project Schedule

• 2.20 Cost Management Plan

• 2.21 Activity Cost Estimates

• 2.22 Cost Estimating Worksheet

• 2.23 Cost Baseline

• 2.24 Quality Management Plan

• 2.25 Quality Metrics

• 2.26 Process Improvement Plan

• 2.27 Responsibility Assignment Matrix

• 2.28 Roles and Responsibilities

• 2.29 Human Resource Management Plan

• 2.30 Communications Management Plan

• 2.31 Risk Management Plan

• 2.32 Risk Register

• 2.33 Probability and Impact Assessment

• 2.34 Probability and Impact Matrix

• 2.35 Risk Data Sheet

• 2.36 Procurement Management Plan

• 2.37 Source Selection Criteria

• 2.38 Stakeholder Management Plan

• 2.39 Change Management Plan


3.0 Executing Process Group:


• 3.1 Team Member Status Report

• 3.2 Change Request

• 3.3 Change Log

• 3.4 Decision Log

• 3.5 Quality Audit

• 3.6 Team Directory

• 3.7 Team Operating Agreement

• 3.8 Team Performance Assessment

• 3.9 Team Member Performance Assessment

• 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:


• 4.1 Fraud Risk Management project Performance Report

• 4.2 Variance Analysis

• 4.3 Earned Value Status

• 4.4 Risk Audit

• 4.5 Contractor Status Report

• 4.6 Formal Acceptance


5.0 Closing Process Group:


• 5.1 Procurement Audit

• 5.2 Contract Close-Out

• 5.3 Fraud Risk Management project or Phase Close-Out

• 5.4 Lessons Learned


Results

With this Three Step process you will have all the tools you need for any Fraud Risk Management project with this in-depth Fraud Risk Management Toolkit.

In using the Toolkit you will be better able to:


• Diagnose Fraud Risk Management projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices

• Implement evidence-based best practice strategies aligned with overall goals

• Integrate recent advances in Fraud Risk Management and put process design strategies into practice according to best practice guidelines


Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Fraud Risk Management investments work better.

This Fraud Risk Management All-Inclusive Toolkit enables You to be that person.

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.