Finance News & Insights

How skilled is Finance at spotting red flags of fraud?

Ever wonder how skilled your Finance department actually is at spotting the subtle signs of potential fraud? Here’s a simple way to find out.

The folks over at Financial Executives International have unveiled a cost-free Fraud Literacy Quiz to test people’s knowledge of the subject.

The 23-question quiz consists mainly of multiple choice questions, with some True/False included as well. Here’s an example of the type of question you’ll find in this quiz: What is the single greatest risk factor related to financial reporting fraud?

You can use this tool as a training exercise or, if you’re so inclined, hold a friendly competition among Finance staffers, with small prizes for the top scores.

To take the Fraud Literacy Quiz, click.

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