Fraud Risk in the Education Sector

The risk of fraud is an increasing problem that all organisations in the Education sector should take seriously and cannot afford to ignore.

In recent times we have seen:

  • The increased financial pressures that individuals and organisations are subject to;
  • The potential for weaknesses arising in control environments due to reductions in staffing levels; and
  • The increased scrutiny that any organisation in the education sector will be subject to under the Department for Education, OFSTED, HEFCE and the other regulatory frameworks.

All organisations must protect their staff and resources from activities which would otherwise undermine their effectiveness to meet the needs of their users. An increasingly regulated education sector has put the spotlight on assurance.

Do you have a clear governance strategy and reliable management information? Mazars can guide you through these issues allowing you to concentrate on the daily running of your organisation.

Download our brochure to find out more.