{"id":81879,"date":"2022-11-14T09:28:05","date_gmt":"2022-11-14T14:28:05","guid":{"rendered":"https:\/\/brocku.ca\/brock-news\/?p=81879"},"modified":"2022-11-14T19:52:15","modified_gmt":"2022-11-15T00:52:15","slug":"brock-shares-resources-for-international-fraud-awareness-week","status":"publish","type":"post","link":"https:\/\/brocku.ca\/brock-news\/2022\/11\/brock-shares-resources-for-international-fraud-awareness-week\/","title":{"rendered":"Brock shares resources for International Fraud Awareness Week"},"content":{"rendered":"

Fraud is a serious problem that can affect anyone \u2014 costing billions of dollars in financial and reputational damage to organizations and individuals each year.\u00a0<\/span>\u00a0<\/span><\/p>\n

The Association of Certified Fraud Examiners, which is the world’s largest anti-fraud organization, <\/span>reports<\/span><\/a> that fraud costs organizations worldwide an estimated five per cent of their annual revenues. An analysis of 2,110 occupational fraud cases found that fraud caused a total loss of more than $3.6 billion.<\/span>\u00a0<\/span><\/p>\n

\"Logo<\/p>\n

Recognizing the seriousness of the global fraud issue, Brock University is participating in International Fraud Awareness Week, Sunday, Nov. 13 to Saturday, Nov. 19, by promoting anti-fraud awareness and sharing educational resources.\u00a0<\/span>\u00a0<\/span><\/p>\n

\u201cIt\u2019s important for both organizations and individuals to be vigilant and alert for signs of fraud,\u201d said Lizette Norio, Brock\u2019s Senior Manager, Internal Audit. \u201cI encourage everyone to learn more about fraud and what to do when fraudulent activity is suspected so they can protect themselves and their employer.\u201d<\/span><\/p>\n

Generally, the term fraud encompasses actions that are meant to deceive for financial or personal gain. Occupational fraud is committed by people who work for, or do business with, an organization. Examples of occupational fraud include stealing cash or assets, misreporting financial statements, inflating expense reimbursements, and receiving payments for goods or services not received or hours not worked.<\/span><\/p>\n

Brock’s<\/span> <\/span>Internal Audit Services<\/span> Fraud Week <\/span>web<\/span> page<\/span><\/span><\/a> offers additional information on fraud<\/span> awareness through educational<\/span> videos and slide decks. Topics <\/span>includ<\/span>e<\/span> an<\/span> expla<\/span>nation of what fraud is<\/span>,<\/span> examples of fraud schemes<\/span>, <\/span>why people commit <\/span>fraud<\/span>, <\/span>the relationship between <\/span>identity theft and fraud, and <\/span>how seniors can become fraud fighters<\/span>. <\/span>There is also a game called \u2018<\/span>Jeoparty<\/span>!\u2019 to test one\u2019s knowledge. <\/span>Everyone is encouraged to view the materials and share the links with family and friends. <\/span><\/span>\u00a0<\/span><\/p>\n

Anyone suspecting inappropriate activity at Brock, including fraudulent actions, are encouraged to disclose it in accordance with the <\/span>Safe Disclosure Policy<\/span><\/a> and <\/span>Procedures<\/span><\/a>, which apply to all University employees, students, volunteers, contractors and suppliers.<\/span><\/p>\n

Whenever possible, disclosures should be made directly to the unit responsible for the area of concern. Additional disclosure avenues include Brock University\u2019s <\/span>Legal Counsel<\/span><\/a>, <\/span>Campus Security Services<\/span><\/a>, <\/span>Human Rights and Equity<\/span><\/a>, <\/span>Human Resources<\/span><\/a> and <\/span>Internal Audit Services<\/span><\/a>.<\/span><\/p>\n

People uncomfortable disclosing directly can use an anonymous website<\/a><\/span>\u00a0or 24-7 toll-free hotline, 1-855-484-CARE (2273), offered through the Grant Thornton CARE service, which is a third-party consultant independent from University administration. Upon logging into the CARE system, disclosures receive an access code to a secure portal, which lets the University respond without compromising anonymity.<\/span><\/p>\n

Regardless of the method used, disclosures reported are reviewed by the University\u2019s internal Disclosure Review Team that assesses whether there are reasonable grounds to investigate and whether there is any reason to believe the disclosure is not made in good faith. If the disclosure is determined to have reasonable grounds and to have been made in good faith, the disclosure will either be referred to the appropriate policy owner for investigation pursuant to the applicable policy or referred to Internal Audit Services for investigation if there is no applicable policy.<\/span>\u00a0<\/span><\/p>\n

The Safe Disclosure Policy also makes a priority of protecting from reprisal anyone who makes a good faith disclosure \u2014\u00a0in other words, a report of suspected improper activity that is \u201cbased on reasonable belief and is not malicious, frivolous or vexatious.\u201d<\/span><\/p>\n

For more information on safe disclosure at Brock and the Grant Thornton CARE services, visit the <\/span>University Secretariat website<\/span><\/a> or email <\/span>internalaudit@brocku.ca<\/span><\/a><\/p>\n

Anti-fraud awareness educational resources are available on <\/span>Internal Audit Services\u2019 Fraud Week web page<\/span><\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Fraud is a serious problem that can affect anyone \u2014 costing billions of dollars in financial and reputational damage to organizations and individuals each year.\u00a0\u00a0<\/p>\n","protected":false},"author":1,"featured_media":81888,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[54,7],"tags":[2245,11164,7847,12163,4976],"_links":{"self":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts\/81879"}],"collection":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/comments?post=81879"}],"version-history":[{"count":7,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts\/81879\/revisions"}],"predecessor-version":[{"id":81891,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts\/81879\/revisions\/81891"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/media\/81888"}],"wp:attachment":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/media?parent=81879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/categories?post=81879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/tags?post=81879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}