Reduced to the minimum, investigators and fraud examiners are primarily one thing: fact finders.
Fraudulent events come unexpectedly and always at inconvenient times. There is seldom a complete internal team with experience of the current event to simply – on top of their daily tasks – set up an investigation of the facts with all the necessary resources.
Do you know how to act in a solution-orientated manner in this situation?
The internal investigation, a topic that can affect you from one day to the next. Studies confirm it; in practice there are even more cases: Most fraud cases are not made public. It remains unclear how many of these involve an internal investigation (with internal and/or external specialists).
At the same time, the whole subject is still seen as a taboo, because of course it only happens to other people…
Would you like to be on the front page with your company and negative headlines – your name linked with disgrace?
In an operative key function of a company, you have been given responsibility, tasks and competencies by the administrative board. In the case of non-compliance and fraud, the consequences are devastating: for you as the person responsible, for the employees, and for the company. In the worst case also for your business partners and additional stakeholders.
If you have a suspicion, whether certain or vague, you have to take action! Professionally, quickly, and purposefully.
Investigations can’t be carried out “on the side” without focus.
At the point when you’re required to investigate a situation, you need a whole range of resources and decision-making criteria. These include the strategy you need to choose for the investigation, as well as communication; from professional project management to documentation, to detailed planning of specialists’ availability.
Depending on their size, companies usually have internal resources that can support such an investigation. But it’s rare to have a whole team immediately available, not to mention capacity. Your employees are already busy with their routine Tasks.