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For what I feel is a pretty good hotline
setup, look at https://secure.wsa.u-net.com/www.fraudhotline.net/www/index.htm -----Original Message----- I think that this is an
important topic and perhaps others would be willing to help with your survey. I
also would like to explore the possibility of establishing a fraud hotline and
would welcome comments from others on the best approach to selling this to
management. If anyone has a proposal they would be willing to share it may be
beneficial to many of our audit peers. Here is some information
I found that may be helpful: Here is a paragraph from
a report from the Australian Institute of Criminology Hotlines
Organizations whose managers wish to have
fraud reported must make it easier for employees to do so. One obvious vehicle
is the hotline. This exists to receive confidential disclosure of
irregularities via telephone, and may be available on a 24 hour basis, during
normal business hours, or periodically, as is the case with operation NOAH, the
drug disclosure program sponsored by Australian police agencies. Hotline
complaints are screened, and those with apparent foundation are selected for
further investigation. The manner in which hotlines are
established and publicized can effect their utility. The very existence of a
hotline can be a reminder to personnel that there is an organizational
commitment to fraud control. On the other hand, hotlines are vulnerable to
abuse by frivolous or vexatious complainants. In addition, as a means of fraud
detection, they may be lacking in both efficiency and effectiveness. Many
complaints may be trivial, if not groundless; significant cases of fraud, waste
and abuse tend to come to official attention by other means. Hotlines may thus
be an inefficient means of detecting fraud. Their very existence, however, may
serve an important educative and deterrent function. You might also want to
check out the following: The report includes a
section titled International Best Practice: Guidelines for Establishing
Effective Hotlines and also: Study of the Benefits of
the Office of Legislative Audits Establishing a Fraud
Hotline -----Original
Message----- Hi Jim, What I have in mind is setting up a hotline in which all matters
concerning Fraud, bureaucracy, Misuse of authority and company assets, etc. I
am yet to finalize the poll on Audit Hotline at my workplace (as attached). The
only thing is that I have to write up a proposal in which it could convince the
management on the needs on having a hotline. Thanks Jim! -----Original
Message----- By audit hotline I assume
that you mean a fraud hotline for your organization. There are many links on
the Internet for fraud hotlines. Some companies use a
subscriber service while others maintain an internal hotline. Check out some of the following for guidance: http://www.city.toronto.on.ca/audit/2002/fraud_hotline_six_month_pilot_project_final_nov6_02.pdf http://www.comptroller.co.orange.fl.us/audit/audfrud.htm http://www.utexas.edu/admin/audit/fraud.html From cpaonline.com.au Hotline If a telephone hotline is to be installed, it is important that
consideration be given to the immediate effect on staff relations. In our
experience, it is always best to explain the hotline as being in the best
interests of the company and the staff on the basis that fraud leads to losses
which can lead to cut-backs and redundancies. It is equally important that the hotline be run professionally. A
dedicated hotline number should be set up in internal audit, or preferably, the
offices of a properly vetted external agency. The telephone number should be
displayed on posters in prominent places in the work area such as canteens and
rest rooms. As and when information is received, it is important that it is
acted upon promptly and efficiently. As in all potential fraud situations, the
subject of any allegation should not be alerted and should be allowed to carry
on in their post as normal until an investigation has either exonerated them or
gathered sufficient evidence/information to allow further action. -----Original
Message----- Good day to all Auditors. I am writing up a proposal on the above matter
for my organization. I am hoping that if fellow auditors could shed me some
light on what to be written as a proposal. Thank you, Happy New Year! |
Title: Audit Hotline
- Audit Hotline Md Azmani Syah Mohamad Ali
- RE: Audit Hotline Kaplan, Jim
- RE: Audit Hotline Wolf, Carl
- RE: Audit Hotline Kaplan, Jim
- Mok Chee Weng Kenny
