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Credit union - forensic reviews of specified internal control related matters

Fraud and irregularity negatively impacts organisations, including credit unions, in many ways including financial, reputational, psychological and social implications. According to various surveys, monetary losses from fraud are significant. However, the full cost of fraud is immeasurable in terms of lost time, productivity, and reputation including member relationships. Depending on the severity of the loss, organisations can be irreparably harmed due to the financial impact of fraud activity. Therefore, it is important for credit unions to have a strong fraud programme that includes awareness, prevention, detection and investigation programmes, as well as a fraud risk assessment process to identify fraud risks within the organisation. We have completed a number of fraud oriented reviews for credit unions and have both completed forensic reviews, and assessed preventive and detective control frameworks, with a special focus on fraud as they pertain to more vulnerable transactions in Irish credit unions (e.g. dormant, deceased, draws, stamps etc.). Based on this unparalleled depth of experience, we can bring you the right focus.
At Moore we have completed a significant number of forensic reviews over the past number of years. We can engage at speed and work to your deadlines. We pride ourselves on our ability to meet deadlines and issue a detailed and comprehensive report that focuses on simplifying complexity.

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