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Raising the Bar on Anti-Fraud - The Role of Internal Audit in Fraud Risk Management

Matthew Weitz, Associate Managing Director and Stefano Demichelis, Managing Director in the Business Intelligence and Investigations practice at Kroll, a division of Duff & Phelps, presented findings from a global IIA and Kroll fraud risk survey for a webinar, “Raising the Bar on Anti-Fraud: The Role of Internal Audit in Fraud Risk Management” on 12 August 2020. The findings offer global perceptions on internal audit’s role in assessing, preventing, detecting, and investigating fraud risk.

Over 200 participants from Singapore, Australia, Hong Kong, India, Taiwan, Thailand and Sri Lanka attended the webinar where they learnt about the role of internal audit in fraud risk management including prevention, detection and response, and the challenges in the heightened risk environment and how the internal audit function must raise the bar and respond.