Fraud Risk Wheel

A unique tool to help transform how your organisation manages its fraud risk process.

To help public sector organisations manage their fraud risk process more effectively – and boost their fraud defences – we have developed an interactive, web-based Fraud Risk Wheel that presents detailed guidance on different fraud risks. 

Already bought the Wheel?

Click here to login to the website and begin using it.

One of your subscription benefits

If your organisation subscribes to the Counter Fraud Centre, you have automatic access to the Wheel as part of your subscription. Click here to login to the website and begin using it. 

About the Wheel

The Wheel includes guidance on how different risks arise, the steps or controls that can be put in place to mitigate them and case studies to illustrate how similar organisations have dealt with the issues.

It is designed to help you:

  • conduct your fraud risk assessment and create a fraud risk mitigation plan – use the tool to check that you have included all possible risk factors and the associated controls
  • present fraud risks to your senior management team in a dynamic and engaging way – simply by logging onto the CIPFA website
  • train staff on how to identify possible fraudulent activity and the actions they can take to prevent fraud from occurring
  • review the organisation’s fraud risks in response to major changes, such as service mergers, major new contracts or significant staff changes.

What fraud risks are covered?

The tool features four of the most prevalent fraud risks:

  1. expenses fraud
  2. procurement fraud
  3. gifts and hospitality fraud
  4. pensions fraud.

    More risk types will be added at regular intervals.

    Price

    The Wheel costs £495 +VAT.

    To purchase it, click here.