Type A Partners

FRISC ASSESSMENT

FRAUD RISK INTERNAL SYSTEMS CONTROL ASSESSMENT

What is it?

An individualized assessment of your fraud risk profile performed by seasoned accounting professionals. You will receive a findings report that details your exposure and easy to implement recommendations to mitigate risk.

Why? 

Ask yourself these questions, any "no" response indicates a need for a FRISC Assessment: 

-Has your organization established a process for the identification and oversight of internal fraud risks?

-Do you have established process controls in place, such as segregation of duties related to authorization, cash handling, and recording transactions?

-Have you implemented and communicated policies and procedures regarding ethical behavior and the prevention of fraud in the organization?

How Much Does it Cost?

A FRISC Assessment is scalable, based on the size and needs of the organization. We provide a free consultation to discuss your needs.  We will provide you with a detailed proposal that defines the specific operational areas to be assessed and a fixed cost for the project.

Did You Know?

• 38% of fraud cases occur in small business
• Median experienced loss = $200,000
• Per employee losses are 100 times greater in small v. large business

Source: 2008 ACFE Annual Report to the Nation

Typical Areas Of Concern

• Business Office Procedures
• Accounts Receivable
• Accounts Payable
• Bank Reconciliations
• General Ledger
• Fixed Assets

And More......we will customize a solution to fit your needs.