Financial Control Risk and Vulnerability Assessment
Take the Steps Today to Prevent Fraud Tomorrow.
Create a Culture Fostering Controls and Stop Fraud Before it Happens.
At Maner Costerisan, our experts understand that protecting your organization, clients, members, donors, stakeholders, and reputation is always a top priority.
We are here to help safeguard you from hidden risks that threaten the things you value most.
Our financial control and risk management experts prepare vulnerability assessments that take into consideration all aspects of your business. We thoroughly test your controls to ensure your organization is operating at its most efficient levels. And we provide you with a in-depth report that spells out the prioritized findings to help reduce your risk for fraud. We’ll work together to monitor and ensure that our strategies are keeping fraud at bay, and identify new risks that emerge over time.
The potential for fraud is more prevalent than you may think.
Businesses, governments, and nonprofits of all sizes are at risk – and if it happens, it can be costly.
A typically fraud case causes a loss of $8,300 per month and lasts 12 months before detection, per a report from the Association of Certified Fraud Examiners (ACFE).
The ACFE reported nearly half of fraud cases occurred due to:
Lack of internal controls (29%) and override of existing controls (20%).
Organizations with the fewest employees had the highest median loss ($150,000).
Services
Periodic Control Testing and Internal Audits
Our team of experts will operate as an extension of your team to test and ensure that documented controls are in place and effective.
Data Analytics
Businesses need data to drive them, not overwhelm them. Beyond knowing what to measure, Maner Costerisan understands where to look for the stories hiding in the numbers and provides valuable visual reporting mechanisms to tell those stories.
Business Accounting Software
Leveraging cloud-based technology, we can help you create a seamless system that simplifies complex processes and improves overall efficiency.
Financial Statement and Audit Preparation
Bringing deep technical and compliance knowledge to make sure every job is set up for success.
CFO Advisory Services
Any size business now has access to CFO insight, data, expertise and guidance.
Outsourced Accounting Solutions
Gain efficiencies and reduce stress by adding a team of experts instead of a dedicated staff.
