Grant Integrity: Human Oversight Meets Technology

#ICYMI > In my new model and new approach, we do not see residual risk as an endpoint, but as the beginning of understanding how to better manage the fraud risk within your organization or within your audit. Learn why here > https://hubs.li/Q04rPNJ70

#ICYMI > In my new model and new approach, we do not see residual risk as an endpoint, but as the beginning of understanding how to better manage the fraud risk within your organization or within your audit. Learn why here > https://hubs.li/Q04rPX470

Take a look at the updated agenda for the 2026 Housing Fraud Risk Conference. A programme shaped by voices chosen for what they see differently and for having the experience to say something new. Fraud Never Sleeps and this conference will be an unmissable wake-up call wake-up call to the sector. Delayed action creates opportunity and the most dangerous fraud risks are often the ones organisations already know about but have not tackled with enough urgency to protect budgets, people and homes. Join us in Birmingham on Thursday 1st October to hear how ‘Waking Up to Fraud Risks’ can strengthen reputations and support regulatory assurance, from exceptional speakers both inside and outside the sector. Take a look at the agenda below to see what we have planned. Book your place today: : https://wkf.ms/4t1AVFC Paul Roberts & Arun Chauhan (FICA)

1986. That's when Slovic, Fischhoff and Lichtenstein set the founding question of this discipline. Not "what is the risk." "How safe is safe enough." 40 years on, most risk reporting still answers a different question: what does the calculation say? A risk matrix can record a judgment. It can't make one. "How safe is safe enough" is a value judgment, and it belongs to the board, not an algorithm. For organisations navigating Systems of National Significance and telecommunications security obligations, that distinction is no longer academic. Full breakdown in this week's Risk + Safety + Security + Sciences. #RiskManagement #RiskAppetite #BoardGovernance

Excellent new report from the U.S. Government Accountability Office highlighting opportunities to better manage fraud risks in Federally funded grant programs administered by state and local governments. Specifically through leveraging best practice risk frameworks and data analytics. And if you read the full report, you'll see on page 7 that our Department of Energy's Home Energy Rebate Program is one of the 5 (of 20 reviewed) programs that the GAO found to be "consistent with leading practices" for identifying and mitigating fraud risks! That's about the highest praise auditors will put in writing! 🎉 Huge kudos to our program team (past and present), leadership, system developers at the DOE Pacific Northwest National Laboratory, and all our recipient State Energy Offices who partnered with us to prioritize and implement documented and effective internal controls, transaction integrity oversight and analytics-based risk detection systems! Too often, internal controls can feel invisible unless and until they fail, so need to share and highlight these positive recognitions and use that as extra motivation going forward as we continue to iterate and enhance our safeguarding of federal funds to ensure our rebates program delivers the best energy and cost savings to eligible, American households. https://lnkd.in/eJPX8eBt

The best leaders spend less time putting out fires. Because they've built systems that make fires less likely in the first place. Whether you're managing finances, projects, operations, or people, prevention almost always costs less than recovery. #Leadership #SystemsThinking #OperationalExcellence #RiskManagement #DecisionMaking #LeadershipDevelopment #ContinuousImprovement #ProfessionalDevelopment #Governance #ManagementConcepts

Good grant management requires us to hold two priorities at once: getting resources where they're needed and protecting the public resources entrusted to us. Public grant programs exist to accomplish important things, and moving resources efficiently matters. But good stewardship also requires time for due diligence, systems that support consistent practices, trained professionals, and a shared understanding of what good grant management looks like. Fraud prevention is one important result of getting that balance right. So are stronger programs, greater accountability, and greater public trust.

Fraud rarely starts with one major event—it usually starts with small vulnerabilities that go unnoticed. A proactive fraud risk assessment helps identify where your business is exposed before financial losses occur. By evaluating processes, responsibilities, and existing controls, organizations can strengthen operations, reduce fraud risk, and build greater financial confidence. Preventing fraud is always less expensive than investigating it. 📞 Call: 1-866-825-0342 Learn more: https://lnkd.in/dZt3tkvW  #FraudRiskAssessment #FraudPrevention #InternalControls #RiskManagement #ForensicAccounting #BusinessProtection

Fraud by Design. Focus by Pareto. Not every fraud weakness deserves the same attention. The Pareto principle helps investigators move beyond volume and focus on the vital few design gaps that drive the greatest impact. By analysing fraud patterns, identifying recurring root causes and prioritising the highest-impact weaknesses, organisations can direct resources where they matter most. Don’t try to fix everything. Find what drives the most fraud—and design it out. #FraudDesignThinking #FraudByDesign #Pareto #FraudResilience #FraudInvestigations #PreventionByDesign#IoD #RootCauseAnalysis #FraudRisk

We had a conversation with a GC recently who asked what we are seeing more of at the moment. Failure to Prevent Fraud keeps coming up. It came into force in September 2025, the SFO has publicly said it wants to be the first to prosecute, and investigations are expected to open this year. What strikes us in these conversations is how often the compliance work has been done, but the evidential trail has not been thought through. Training completed. Policies in place. Controls implemented. All of that may well be true. But when the SFO asks whether those procedures were real and effective, the answer has to come from somewhere. Communications showing awareness of the risk. Records demonstrating training actually happened. Data showing when controls were applied and by whom. Good compliance work and a defensible digital record of that work are not the same thing. The organisations that will be in the strongest position are the ones where both exist. The standard of documentation has become the standard of defence. #failuretopreventfraud #whitecollarcrime #digitalforensics #corporatecompliance #decodeforensics #sfo #fraudprevention