Implementing Strategic Risk Management Procedures

Operational and Financial Fraud often strike good organisations. They take place under the noses of Senior Management Team. The fraudsters have limitless time and the incentive to pay attention to detail whereas honest people, who place trust in them, do not. Companies may deploy Six Sigma and the Covey Culture to improve operational and financial performance .The fraudsters will continue to identify the gaps.They are empowered through innovation programme, Make It Right and they continue to indulge in financial crimes to get richer .

HRA will identify the gaps that encourage fraud to flourish and set a risk reporting procedure that will identify fraudulent pratices in the value chain.

Fraudsters do not have an unlimited recipe of opportunities and what they do, when and how they do it, fits recognisable profiles. Preventing and detecting fraud depends on the auditing techniques that are used in the internal business processes.

HRA’s growing experience on operational and financial risk management improve risk reporting systems .

HRA supports innovation management programme and designs internal control procedures to prevent unethical practices.