Saturday, June 18, 2016

What does fraud mean

What does fraud mean in Business?

fraud careers
 
 
Meany people don't know what does fraud mean.The term fraud careers refers to a process of resolving allegations of fraud from inception to disposition, and it is the primary function of the anti-fraud careers. If we want to define what does fraud mean,The fraud careers process encompasses a variety of tasks that might include:
  • Obtaining evidence;
  • Reporting what does fraud mean;
  • Testifying to findings;
  • Assisting in fraud detection and fraud prevention
 

Obtaining Evidence:

 The value of a fraud careers rests on the credibility of the evidence obtained. Evidence of fraud usually takes the form of documents or statements by witnesses; therefore, fraud examiners must know what does fraud mean and how to properly and legally obtain documentary evidence and witness statements.
 

Reporting what does fraud mean:

Once evidence has been obtained and analyses, and findings have been drawn from it, the fraud examiner must report the results to the designated individuals (e.g., management, the board, or the audit committee). A fraud examination report is a narration of the fraud examiner’s specific activities, findings, and, if appropriate, recommendations.
Such communications are necessary so that those responsible can determine the appropriate course of action and benefit fraud cases.
 
The results of an examination can be communicated in various ways to appreciate what does fraud mean. The appropriate method of communication will depend on the facts at issue, but most reports are communicated orally or in writing in benefit fraud cases.
When communicating the results of a fraud careers, the fraud examiner is responsible for providing clear, accurate, and unbiased reports reflecting what does fraud mean in the fraud examination results.
This benefit fraud cases arises from the possibility that such results might end up being read or used by various groups of people, such as organization insiders, attorneys, defendants, plaintiffs, witnesses, juries, judges, the media, and so on.
 

Testifying to Findings:

Often, fraud examiners are called upon to provide what does fraud mean, testimony and report their findings at a deposition, trial, or other legal proceeding. When providing testimony, fraud examiners must be truthful. They should also communicate what does fraud mean in a clear and succinct manner.
 

Assisting in Fraud Detection and fraud Prevention:

Fraud examiners are not responsible for the prevention of fraud; such responsibilities belong to management or other appropriate authority. Nevertheless, fraud examiners are expected to actively pursue and recommend appropriate policies and procedures to prevent fraud.
Because of their education, experience, and training, fraud investigation officer are uniquely qualified to assist organizations in the prevention and detection of what does fraud mean.

Abdo Mounir

About Abdo Mounir -

Senior Manager and fraud examiner in mining industry. Head the investigations related to fraud. My role includes driving the culture of integrity And ethics within the Company by conducting regular fraud investigations.

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