anti-fraud policies

Anti-fraud policies are guidelines and practices established by organizations to prevent, detect, and respond to fraudulent activities. These policies outline measures to protect assets, ensure compliance with laws, and promote ethical behavior among employees. They often include procedures for reporting suspected fraud, training staff on recognizing fraud risks, and actions to take when fraud is detected. The goal is to create a culture of integrity, minimize financial losses, and maintain trust with stakeholders by proactively addressing potential fraud before it occurs.