The Scenario
A growing logistics company has tripled in size over 3 years but its internal controls have not kept pace. The CFO is worried about fraud risk but does not know where to start. She hires you to conduct a fraud risk assessment.
The Brief
Conduct a structured fraud risk assessment using the fraud triangle (Opportunity, Pressure, Rationalisation). Identify the top fraud risks, assess their likelihood and impact, and recommend preventive controls.
Deliverables
- A fraud risk register: Risk Description, Fraud Triangle Element, Likelihood (L/M/H), Impact (L/M/H), Current Controls, Recommended Controls
- At least 6 fraud risks covering asset misappropriation, financial statement fraud, and corruption
- The top 3 risks ranked by residual risk (after current controls) with specific remediation actions
- A tone-at-the-top recommendation: how leadership behaviour can reduce fraud risk
Submission Guidance
Fraud is not just theft. Financial statement fraud (inflating revenue) and corruption (kickbacks from suppliers) are often higher impact. Cover all three categories.
Submit Your Work
Your submission is graded against the rubric on the right. If you pass, you get a public Badge URL you can share on LinkedIn. There is no draft save, so work offline first and paste your finished response here.