Qualified Risk Director (QRD®): The Role of Boards in Fraud Risk Management
Civil charges against independent directors alleging negligence in the face of fraud serve as a sharp reminder for boards that ignorance of fraud risks and red flags is no excuse for inaction. The liability directors can face in a fraud case by doing nothing should serve a s a wake-up call that turning a blind eye to warning signs and red flags is not acceptable. While the ramifications can be serious, this new climate also brings to the forefront the positive impact of effective board governance in safeguarding organisations from fraud. However, an engaged and dedicated board can have a measurable, positive impact on an organisation by requiring, supporting, and overseeing a fraud risk management program. This programs shows directors how they may effectively discharge their responsibilities, while helping to secure a financially and ethically sound future for their organisation by requiring, implementing, and overseeing a proactive fraud risk management plan.
Register for this standalone training module or enroll in the full Qualified Risk Director (QRD®) Certification Program.