Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing
Podcast Image

Compliance Officers Playbook

Initial Fraud Impact Assessments: A Practical Guide

15 Jan 2025

Description

This podcast episode explains Initial Fraud Impact Assessments (IFIAs), a proactive risk management tool. IFIAs help organisations identify and mitigate potential fraud risks associated with new initiatives before implementation. The episode details a step-by-step process for conducting an IFIA, including defining the scope, identifying risks, evaluating impact and likelihood, developing mitigation strategies, and ongoing monitoring. Best practices and common pitfalls are highlighted, emphasising the importance of stakeholder involvement and comprehensive risk assessment. Ultimately, the podcast advocates for IFIAs as a crucial preventative measure against fraud.

Audio
Featured in this Episode

No persons identified in this episode.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes
🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Comments

There are no comments yet.

Please log in to write the first comment.