In 1993 British businesses admitted losing £150 million in blue and white collar crime. Now in 2011 the real figure is substantially higher if new data recently released by KPMG is accurate. The total cost to the British Economy is estimated at close to £40 billion if unresolved crimes are included. Many of today's projects and corporate organisations are run in a volatile environment where margins are being continually eroded. Companies can no longer afford to suffer losses through bad management, lack of training or lapses in security.

Very often it is an outside agency that can identify the areas of risk which may have become accepted or overlooked in the day to day running of a company. Fraud against the government has increased by 142% and is endemic in both the public and private sectors. According to the Audit Commission in their report published in 2009 ‘Protecting the Public Purse’ they estimated that Fraud would increase because of the recession and ‘credit crunch’. Fraud can have a devastating effect on individuals and businesses alike, causing a range of financial and emotional harms, which have often remained unrecognised. – can you or your company afford to overlook it's potential risks?

The complexity of Risk Assessment and Risk Management in the world of business has prompted us to provide a specialist Fraud Risk Assessment package which is recommended and available to progressive businesses, large and small. We will conduct an initial ‘Health Check’ on the organisation, and this is followed up with more detailed probing analysis of Fraud Risk Controls, Company Fraud Policy, and a detailed Fraud Risk Assessment.


Our final report will make recommendations and give advice on the ‘level of the risks the organisation faces and any countermeasures that can be deployed’. Emphasis is placed on identifying a reduction of threats to vulnerable assets, prevention and detection of fraud, and realisation of profitability potential.

The general concept of fraud risk analysis and management can be represented by a simple formula, distinguishing the separate but related activities as displayed below.

Our expertise in this field will allow us to identify, analyse and manage the risks inherent
in any corporate organisation or project, and will include;

• An initial study to identify business risks in terms of assets, management organisation and security aspects

• Quantify risks in terms of perceived assets and any identified threats.

• Identify areas of vulnerability where there exists scope for improvement

• Perform a detailed computer analysis of potential time and cost overruns

• Identify areas where physical security is apparent, and where problems exist, provide necessary remedial advice

• Complete a comprehensive review and provide a full security audit based upon our research and findings

• You will then feel secure