It is impossible and impractical to eliminate all fraud in all organizations. However, effective leaders address fraud risk as they do any risk — they manage it. The Fraud Risk Management Guide, Second Edition provides a blueprint to do just that.

The Fraud Risk Management Guide, Second Edition details how to create a comprehensive fraud risk management program for your organization that includes:

Establishing a visible and rigorous fraud governance process
Creating a transparent and sound anti-fraud culture
Conducting a thorough fraud risk assessment periodically
Designing, implementing and maintaining preventive and detective fraud control processes and procedures
Taking swift action in response to allegations of fraud
This guide, co-published by COSO and the ACFE, provides:

Examples of key components you can use as a starting point for developing your organization’s fraud risk management program
References to other resources to tailor the program based on your organization’s size and circumstances
Guidance for implementing your fraud risk management program