Contact Us
Phone: 07 4968 3166
Fax: 07 4968 3154
Email: brownbird@brownbird.com.au


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Fraud Control and Investigations

There are many ways that fraud can happen in your club. Here are some examples:

  • Theft of cash
  • Theft of stock
  • Theft of assets and nonexistent assets
  • Misuse of club assets
  • Payroll rates and hours
  • Payroll ghosts
  • False suppliers
  • Misdirected payment of creditors
  • Overstated expenses and re-imbursements
  • Falsified bank reconciliation
  • Unrecorded sales
  • Falsified financial results
  • Bribery
  • Conflicts of Interest
  • Resume fraud

What are the things you can do to minimise the risk of fraud?

  • Fraud Risk Management
  • Internal Audit committee
  • External Audit visits more than once a year
  • Internal Tip-offs and whistleblowers. This is a cultural and education issue.
  • Review Controls regularly
  • Change passwords regularly
  • Dual signatures on payments both paper and electronic
  • Separation of tasks, particularly in the book-keeping area
  • Enforcement of annual leave policy
  • Review physical security particularly when staff leave the organisation
  • Ensure Board receives education on financial statement interpretation
  • Rolling stock-takes
  • Mail control

Profit from Our Experience
 We can refer you to leaders of successful clubs who have been using our advice for many years to improve their organisations. We have expertise in Risk Management and Fraud Control techniques.

We are Associate members of Clubs Queensland

If you would like an obligation free discussion, phone D’Arne Hale on 07 4968 3166 or click here.


BROWN AND BIRD CONSULTING
HELPING YOUR CLUB ACHIEVE ITS POTENTIAL