Indicators of fraud report
For this assessment task you are to conduct an assessment of your workplace to identify areas in which fraudulent activity may occur. You are to identify the situations where there is a risk of fraud and identify the indicators that led you to your conclusions.
You may select a location known to you personally, or through family or friends. If necessary, you can select a well-known location such as Centrelink or Medicare and gather your information online.
Your report may include information on the following:
- What likely instances of fraud did you identify in your workplace?
- How did you identify these? What measures can you use?
- Do the risks involve staff, systems or situations? Explain your answer
- What action should be initiated? What reporting options are provided?
- What are the consequences of in-action?
- How can the workplace monitor these areas for further indicators of fraud?
- What controls should be implemented as a result of the fraudulent activity?
- Does the fraudulent activity need to be referred to an external agency? Explain your answer
- How often should you monitor for fraudulent activity? What are the standards or guidelines that address this?
You do not have to answer all of these questions, they have been provided to help guide you through your report. You can use the unit guide and any other external resources to prepare your report.
Minimum word count: 1000 words