The Anti-Fraud Collaboration (AFC) is pleased to share with you the latest resources and events. Here is a sneak peek of what we cover in this newsletter:
- NEW RESOURCE: The Impact of a Changing Work Environment on Corporate Culture
- NEW RESOURCE: A Fraud Forum Hosted by the AFC: Continuing to Strengthen Fraud Deterrence and Detection: A Summary
- NEW RESOURCE: ACFE In-House Fraud Investigation Teams: 2025 Benchmarking Report
- EVENT: The Anti-Fraud Collaboration at ACFE’s Global Fraud Conference
- New Fraud Magazine website from ACFE
- Updated Global Practice Guide from the Institute of Internal Auditors
Continue reading for more insights.
Featured Insights
The Impact of a Changing Work Environment on Corporate Culture
A spotlight on culture: As companies navigate changing work environments, focusing on a strong culture centered on integrity and ethics is key to deterring and detecting fraud.
Why it matters: Amid recent and significant changes in the work environment, companies and their employees face the risk of losing touch with the culture that once defined the organization. In light of these challenges, managing changing employee expectations and work arrangements continue to be a critical component of managing corporate culture for many organizations.
Key takeaways: In a time of constant disruption and changing work environments, management will have to step back regularly in order to identify new and emerging risks and how to most effectively monitor and address those risks. Organizations should consider a variety of tools or techniques that can enhance culture and deter fraud and misconduct in a changing work environment, including but not limited to:
- Controls, processes, and policies
- The fraud triangle
- Employee surveys and culture metrics
- Use of technology
- Teamwork
- Tone at the top
- Whistleblower and ethics hotlines
- Transformation and change management
Learn more: How can your organization navigate changes in the current work environment and protect itself against fraud? Download the latest report from the AFC.
Publications and Resources
A Fraud Forum Hosted by the AFC: Continuing to Strengthen Fraud Deterrence and Detection
During International Fraud Awareness Week in Fall 2024, the AFC and the CAQ hosted a full-day multi-stakeholder dialogue among members of the financial reporting ecosystem, investors, and regulators about the current fraud risk landscape, discussed the prevalence of financial reporting fraud, considered existing roles and responsibilities from the perspective of their roles, and shared insights into key considerations for strengthening fraud deterrence and detection practices.
Download the report for key takeaways from the event.
In-House Fraud Investigation Teams: 2025 Benchmarking Report
The ACFE’s In-House Fraud Investigation Teams: 2025 Benchmarking Report provides new data and guidance to help assess operational effectiveness and strengthen internal fraud investigation teams. This report provides company leaders and anti-fraud professionals with key insights to evaluate the efficiency of their investigative efforts, identify areas for improvement and make informed decisions about future anti-fraud strategies.
Download the new report from the ACFE.
Updated Fraud Risk Management Guide from IIA
“Internal Auditing and Fraud” uses COSO’s Fraud Risk Management Guide to increase auditors’ awareness and understanding of organizational fraud risk governance and management and aid in planning organization-wide assessments. Learn to evaluate the effectiveness of your risk management processes.
IIA members can access it for free here.
Fraud Magazine
Fraud Magazine, the ACFE’s digital publication featuring thought leadership, case studies and more from across the anti-fraud profession, has relaunched its online experience! The redesigned layout, improved search functionality and revised publishing cadence offers added insights throughout the year, including more opportunities for contributions from experts in the field.
Visit FraudMagazine.com to explore the site and read more from the latest issue.
Upcoming Events
ACFE 36th Annual Global Fraud Conference
The Anti-Fraud Collaboration is proud to be a sponsor of this year’s ACFE’s Global Fraud Conference on June 24th in Nashville, TN. This is a premiere conference for anti-fraud professionals and all stakeholders to learn about the latest fraud-related issues covering global perspectives. The AFC will also be hosting an executive workshop to explore the impact of fraud at U.S. public companies and promote a multi-stakeholder dialogue among members of the financial reporting ecosystem and regulators.