If an entity does not proactively identify and manage fraud risk, fraud could put the entity out of business.

Fraud Risk Assessment tool is the best way to assess and identify your fraud risk from all significant perspectives. Cerebra's Certified Fraud Examiners provide a comprehensive fraud risk assessment services that help companies to identify major gaps with respect to the fraud prevention processes and recommend the necessary anti-fraud controls to deter and detect fraud. Through using our fraud risk assessment services, you will be able to:

• Identify the potential inherent fraud risks.
• Assess the likelihood and significance of occurrence of the identified fraud risks.
• Evaluate which people and departments are most likely to commit fraud and identify the methods they are likely to use.
• Identify and map existing preventive and detective controls to the relevant fraud risks.
• Evaluate whether the identified controls are operating effectively and efficiently.
• Identify and evaluate residual fraud risks resulting from ineffective or nonexistent controls.
• Respond to residual fraud risks.
  

Fraud Risk Assessment includes the following modules:

1. Employee Assessment
2. Management/Key Employee Assessment
3. Physical Controls to Deter Employee Theft and Fraud
4. Cash Register Schemes
5. Purchasing and Billing Schemes
6. Payroll Schemes
7. Expense Schemes
8. Theft of Inventory and Equipment
9. Fraudulent Financial Reports