Sentences with phrase «internal fraud reporting»

A review of anti-fraud guidance and regulations and survey of more than 50 business leaders by the Fraud Advisory Panel (FAP), found few requirements for companies to have internal fraud reporting arrangements in place and mixed feelings about the adequacy of anti-fraud systems and processes inside listed companies.

Not exact matches

If we fail to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results or prevent fraud.

Since then, despite all the efforts that have been made to tackle the issue of budget fraud within the EU, a report by the EU internal audit service in 2003 revealed serious impropriety at Eurostat, the EU statistics agency, where large sums of money had been diverted by officials for more than a decade.

«The department failed to obtain from A4e damning internal audit reports produced in 2009 which pointed to instances of potential fraud and malpractice across the country,» she said.

ExED offers its clients and staff a hotline and e-mail address to report any concerns about fraud or internal controls.

Other reasons: Issuers will also reject an increase for inactive cards, cards reported as lost or stolen, or cards that have an internal fraud alert on the account.

Credit Plus» Tax Return Verification reports help mitigate mortgage fraud by verifying a borrower's income with the Internal Revenue Service.

Such information sharing relates to: Assisting New Hartford Animal Hospital in communicating with you about promotions; fulfilling requests for products and services; providing anonymous reporting for internal and external clients; assisting in providing our services (for example, to process credit and debit card transactions and to comply with unsubscribe lists); and assisting with loss prevention in cases of suspected fraud or theft.

At other times, entities may self - initiate internal investigations to evaluate and manage crisis situations, such as whistleblower allegations, fraud or financial reporting issues.

Comment: One commenter suggested that a notice of information practices that omits disclosure for voluntary reporting of fraud will chill internal whistleblowers who will be led to believe — falsely — that they would violate federal privacy law, and be lawfully subject to sanction by their employer, if they reported fraud to health oversight agencies.

Ros Wright, chairman of FAP, a charity set up by the Institute of Chartered Accountants, says: «The current corporate fraud reporting regime is based on a confusing hotchpotch of internal and external obligations which is undoubtedly hampering the fight against fraud.»

Rather than reporting questionable government actions to the public, many whistleblowers are alerting the authorities to corporate and tax fraud via the Securities and Exchange Commission (SEC) and the Internal Revenue Service (IRS).

Auditor, February 2000 to May 2004 Cityland Energy - New Cityland, CA • Reviewed company records, documentation and transactions to identify fraud, embezzlement and other suspicious activity • Analyzed and enhanced existing internal control procedures • Prepared and presented audit reports to management documenting controls and procedures

Claims Management Duties & Responsibilities Utilize efficient workflow organization to improve departmental efficiencies while ensuring effective client response and diligent analysis of claims, with extensive experience in both commercial and personal lines Provide relevant administration and direction to multi-million dollar staff budgets, quality control, fraud investigations, and complex claims reviews, earning denial authority over high - level claims cases Identify and develop talent among team members with focused training efforts, performance reporting and analyses, and operational efficiency initiatives Deliver continuous assessment of work force, while furnishing oversight and guidance regarding effective service strategies and techniques, loss liability monitoring, and claim litigation assistance Develop and implement the marketing and sales efforts of customer service team while tracking progress versus established internal and external benchmarks, providing disciplinary actions when necessary Construct customer service and claims team through effective staff hiring to aid in efficient operations and execution, delegating important tasks / assigments to line supervisors while providing branch - level guidance Aid in strategic planning and capital budgeting based on improving operating efficiency and reducing service - related production losses, collaborating effectively with senior - level management Maintain a strong working knowledge of important industry topics, company programs and policies, and overall regulatory environment, including state - level responsibility for process changes in casualty / PIP Address important client and staff queries, resolving them in an expedited manner Lead through example with consistent work ethic, attitude and professionalism