Bpp learning Media is an acca approved Content Provider

 
281 
4.22 Whistleblowing 
The likelihood of fraud detection may have been increased by recent legislation in a number of countries 
that provides 
employment protection rights 
to 'whistleblowers', employees who reveal fraud or 
malpractice in a workplace. The legislation covers disclosure of certain 'relevant failures', including 
committal of a criminal offence, failure to comply with legislation, endangering health and safety or 
damaging the environment.
Some employers are introducing a formal concerns procedure, which sets out how potential 
whistleblowers should communicate their concerns. 
4.23 Investigation of fraud 
Organisations should establish a 
fraud response plan
, setting out how the 
method 
and 
extent 
of the 
fraud and 
possible suspects 
should be investigated. 
If the worst does happen there should be a 
fraud response plan
, a strategy for 
investigating 
and 
dealing 
with the consequences 
of frauds that have occurred. 
Certain actions might have to be taken as soon as the fraud comes to light. These may include 
ensuring 
the security of the records 
that will be used to investigate what has happened, and also the 
securing of 
assets 
that may be vulnerable to theft. Procedures may have to include suspending staff, changing 
passwords and so on. 
Investigation procedures should be designed with the following aims in mind: 
(a) 
Establishing 
the 
extent 
of the loss, ascertain on whom it fell and assess how it may be recovered 
(b) 
Establishing how
the fraud 
occurred
(c) Considering 
who else 
may have been