~~New Site Supports Efforts in Financial Reporting Supply Chain to Deter and Detect Financial Reporting Fraud~~
Washington, D.C. – The Anti-Fraud Collaboration, featuring organizations that represent the financial reporting supply chain, has launched a new website, to highlight resources to help audit committees, financial executives, internal auditors and external auditors deter and detect financial reporting fraud. The new website serves as a clearinghouse to allow visitors access to Collaboration products and other fraud resources targeted to the unique roles and responsibilities of the primary participants in the financial reporting supply chain – audit committees, company financial management, and internal and external auditors.
The Anti-Fraud Collaboration was formed in October 2010 by the Center for Audit Quality (CAQ), Financial Executives International (FEI), The Institute of Internal Auditors (The IIA) and the National Association of Corporate Directors (NACD). The organizations partnered to develop thought leadership, awareness programs, educational opportunities and related resources to promote the deterrence and detection of financial reporting fraud.
“The new website is an important step in the evolution of the Anti-Fraud Collaboration,” said CAQ Executive Director Cindy Fornelli. “As the Collaboration and other groups continue to develop important resources in the battle against financial reporting fraud, the partners felt it was critical to direct corporate governance stakeholders to a single website to access those materials.”
Resources featured on the website include Deterring and Detecting Financial Reporting Fraud, the CAQ’s 2010 report that led to the establishment of the Collaboration; the Skepticism Webinar Series developed by NACD; and FEI’s Fraud Literacy Quiz. The site includes important fraud deterrence and detection resources developed outside of the Anti-Fraud Collaboration, including tools and noteworthy articles from The IIA, FEI and NACD. The new site also offers valuable resources for educators.
Visitors to www.AntiFraudCollaboration.org can access all of the materials through the site free of charge.
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About the Anti-Fraud Collaboration
The Anti-Fraud Collaboration represents the collaborative efforts of the Center for Audit Quality, Financial Executives International, The Institute of Internal Auditors and the National Association of Corporate Directors, organizations that actively engage in efforts to mitigate the risks of financial reporting fraud. The Collaboration’s goal is to promote the deterrence and detection of financial reporting fraud through the development of thought leadership, awareness programs, educational opportunities, and other related resources specifically targeted to the roles and responsibilities of participants across the financial reporting supply chain.