CIPFA to create Global Fraud Risk Register

10 Nov 14
CIPFA is to launch a Global Fraud Risk Register to public sectors across the world improve efforts to tackle fraud threats, and to identify and react to emerging problems.


By Richard Johnstone in Rome | 11 November 2014

CIPFA is to launch a Global Fraud Risk Register to public sectors across the world improve efforts to tackle fraud threats, and to identify and react to emerging problems.

The announcement, made at the World Congress of Accountants in Rome, will be the first time that information about the most common fraud risks faced by government and public sector organisations has been brought together in one place.

Announcing the plan, CIPFA's chief executive Rob Whiteman said the institute would now work with partner organisations from across the world to collate the most common fraud risks faced by different states.

These various risk registers together into the first Global Fraud Risk Register to be published in 2015.

‘When fighting fraud, knowledge and understanding of the risks you face give you the power to act to prevent criminal activity and protect your organisation,’ Whiteman said.

‘CIPFA is committed to good public financial management across the world and as such is excited to be launching this new tool for the global public sector to contribute to and use.

‘This new Global Fraud Risk Register will protect precious public resources from criminals and fraud and will be an asset to all public bodies wherever they are based.’

The announcement comes after CIPFA announced the creation of a earlier this year, which will act as a centre of excellence on fraud, providing training and tools for counter-fraud professionals.

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