Wednesday, March 05, 2008

The Current State Of Corporate Fraud Risk Management (FRM)

Now that the initial wave of Sarbanes-Oxley Act compliance is becoming a distant memory and companies are well versed in the regulations, many would assume that organizations would be far along with implementing their comprehensive fraud risk management (FRM) strategies.

However, research by Protiviti reveals that a surprisingly high number of companies still have much room for improvement when it comes to evaluating, mitigating and monitoring fraud risk.
Executives at Fortune 1000 companies and large, not-for-profit organizations were asked a range of questions designed to gauge how they're addressing FRM and the maturity of related efforts. Following are some of the highlights from the research findings and what they mean for organizations.

The Current State Of Corporate Fraud Risk Management (FRM)

Labels: fraud, fraud risk management, FRM, protivit, risk management

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