Anti-Fraud Collaboration Releases Publication on Internal Auditor’s Responsibilities Related to Fraud Risk
May 11, 2026
The Anti-Fraud Collaboration (AFC)1 has released a publication on the internal auditor’s role
in assessing and responding to fraud risk. Specifically, the publication “explores
how internal auditors contribute to fraud deterrence by evaluating the adequacy and
effectiveness of fraud risk governance, management processes, and internal
controls.”
Footnotes
1
The AFC comprises the Center for Audit Quality (CAQ), Financial Executives
International (FEI), the Institute of Internal Auditors (IIA), the National
Association of Corporate Directors (NACD), and the Association of Certified
Fraud Examiners (ACFE).