COVID has increased business’ exposure to fraud risk and as such PwC South Africa forensics team have developed a Fraud Risk Management Assessment Tool called the Fraud HealthCheQ. This tool helps businesses to assess their exposure to fraud.
Fraud HealthCheQ is a web-based tool used in an interactive session with a client to assess the maturity of the fraud risk management function/programme of an organisation. Participants are asked to answer weighted closed-ended questions, which are then translated into visual dashboards reflecting high-level statistics. These highlight areas that are vulnerable to fraud risks exposures, and which require actions to mitigate the manifestation of fraud risks. Read additional information on the Fraud HealthCheq Tool.