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Business and Economics Journal

ISSN: 2151-6219

Open Access

Jidong Chen

Department of Accounting, Soochow University, Shihlin, Taipei, 11102, Taiwan

Publications
  • Review Article   
    Fraud Risk Management
    Author(s): Jidong Chen*

    Understanding the weak points in your business is the first step in preventing fraud. You can analyse the risks that your business confronts based on its particular complexity, scale, products, and market exposure by doing a thorough risk assessment. Risk assessment examines all potential risks, their likelihood of occurring, and the associated costs. Employees are the first to be assessed. It's important to have a comprehensive awareness of how employees deal with corporate resources on a daily basis. Internal fraud is frequently fuelled by the advantages and opportunities offered by the company. Senior management ought to think about evaluating their system installation and communication strategies. In addition, risk might occur outside, particularly if a firm deals with from there, a framework that is cost-effective is built using a risk-tolerance limit. The mos.. Read More»
    DOI: 10.37421/2151-6219.2022.13.400

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