Fraud Prevention Checklist


Fraud Prevention Checklist


Fraud prevention is a challenge for any organisation, large or small. The most effective way to prevent fraud is to ensure adequate controls are in place to protect the organisation’s tangible and intangible assets.

This checklist is designed to provide a blueprint for the Board, or an appropriate Board committee, to monitor potential areas of concern and to implement effective controls to minimise the potential of fraud occurring.

The preparedness to allocate time to undertaking a fraud prevention review sends a clear signal to stakeholders that the Board is alive to the possibility of fraud as an issue, and is prepared to proactively manage this risk within the organisation.