Fraud Red Flags Reference Tool: 177 Warning Signs (Excel)
177 red flags grouped by opportunity, pressure, behaviour, fieldwork indicators and process symptoms, each with what to check.
Guides · editable Excel · 4 sheets · ₹199 / $1.99 · lifetime access, up to 5 downloads
Recognise the symptoms of fraud during planning and fieldwork. The tool lists 177 red flags in 12 groups: weak control environment, opportunity for fraud against or on behalf of the organisation, situational pressure on employees and on management, personal characteristics, leadership behaviours, indicators found during fieldwork, and process symptoms in finance, inventory and production, payables and purchasing, and payroll, cash and receivables. Each red flag explains what it means and how to check it, with columns for your response, evidence, follow-up and conclusion. A red flag is a reason for scepticism and further work, never a conclusion on its own. Editable Excel.
What's inside
- Read Me: purpose and how to use the workbook
- Key terms explained in plain language
- 177 red flags in 12 groups: opportunity, pressure, behaviour, fieldwork indicators and process symptoms
- Each item: what it means in plain English and how to check it, with an example
- Columns for your response, evidence, follow-up and conclusion
- Summary sheet: results by area, updated automatically
Topics: Fraud and Ethics · Internal Audit
Learn it on video
- COSO Principles 8-9 Explained: Fraud Risk and Managing Change (7 min)
- What Is a Process Walkthrough? Finding Risks, Controls and Weaknesses (7 min)
- Ten Golden Rules of Fieldwork (1): Controls, Objectivity and Evidence (11 min)
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Learn Internal Audit is run by SKYBOT Technology LLP. The founders, Amit Salla and Zehra Maccawala, are partners at ZMAS and Associates, a Chartered Accountancy firm specialising in internal audit.