Failure to address risk management for emplyee fraud or misconduct can be costly for businesses

Matters of suspected fraud or misconduct are areas that businesses need to consider as part of their risk management strategies, including being able to respond and investigate appropriately should an incident occur. Organisations invest much time, money and resources into recruiting the best employee to help achieve business success, however they fail to have adequate investigation management policies and procedures enable an organisation to demonstrate that the investigation was conducted in an impartial manner and allowed for procedural fairness. 

In this article Michael Cassidy, head of BDO's Forensic Services team considers the importance of investigation management. For more information on how internal fraud or risk management can be addressed, please contact Michael.