Latest / Journal of Accountancy Podcast
What boards don't know can hurt them
Boards need more than reports to provide effective fraud risk oversight; they need structures that help them determine whether risk management programs work.
Jonathan Marks, CPA/CFF/CITP, CGMA, CFE, the author of the most recent FVS Eye on Fraud report, explains more about how boards should be involved — and how they shouldn't — when it comes to oversight of fraud risk.
Key points of the discussion include how information that reaches the board is often "scrubbed" and why the right questions can help directors stay in the loop on fraud risk.
Editor's note: The summer FVS Eye on Fraud report…
The skinny
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