A Jefferson Wells Fraud Risk Assessment helps prevent, deter and detect potential fraud schemes — which ultimately protects your organization's integrity and good name.
We'll identify and prioritize your fraud risks, evaluate your organization’s existing fraud controls, and provide recommendations and remediation services. A Jefferson Wells Fraud Risk Assessment will also help you comply with the regulatory demands of Sarbanes-Oxley legislation.
From high-level assessments to comprehensive fraud-prevention engagements, we can help. So please, tell us your concerns.
Passage of the Sarbanes-Oxley Act (SOX) caused more and more companies, public and private, to assess their vulnerability to fraud and abuse. Section 404(a) of the Act requires management of public companies to assess and report on its internal financial reporting controls, largely to ensure...
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When organizations are under duress, the pressure on management to perform provides an incentive not only for “right sizing” and cost controls but also for fraud-ulent activity. It should be, therefore, no surprise the number and size of corporate frauds are increasing — and that many investors are losing confidence in the credibility of financial statements.
The Sarbanes-Oxley Act (SOX) requires a company to establish antifraud programs and controls to prevent, deter and detect fraudulent activities that could result in material misstatements to its financial statements and to have a risk assessment process in place. According to the Public Company Accounting Oversight Board’s (PCAOB) Auditing Standard No. 5, when planning and performing the...
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