In today’s dynamic business environment, fraud is one of the most significant threats to organisational integrity, financial performance, and stakeholder trust.
For Boards, CFOs, CROs, Audit Committees and CEOs, the challenge is no longer whether fraud exists, it’s where it sits in the system and how long it goes unnoticed.
Fraud risks emerge from:
Vendor collusion & procurement irregularities
Revenue leakages & sales manipulation
Payroll abuse & employee-level misappropriation
Cyber fraud, data theft & digital breaches
Policy override, access misuse, and SoD violations
Weak monitoring and manual checks that fail silently
Fraud Risk Management must become a continuous governance function not a post-incident reaction.
PACE believes that an effective FRM framework must deliver three outcomes:
Preventive strength — strong controls, policies, governance & behavioural discipline
Detective intelligence — analytics, red-flag monitoring, and early-warning indicators
Response readiness — structured investigation, escalation, and corrective action
Aligned to:
COSO Fraud Risk Management Guide
ICAI Guidance Note on FRM
Companies Act, 2013
SEBI LODR governance requirements
PACE helps leaders like CRO’s, CFO’S of organisations to operationalise FRM — embedding controls, culture, and continuous monitoring.
We build end-to-end fraud risk governance structures tailored to your business model, regulatory obligations, and risk exposure.
We rigorously assess existing anti-fraud controls and redesign them to close gaps quickly, decisively, and sustainably.
We formalise governance structures and embed a strong anti-fraud culture across the organisation.
We establish structured, confidential, and defensible processes for responding to fraud incidents and allegations.
We ensure your fraud risk management framework evolves with business growth, emerging threats, and regulatory change.
Comprehensive ERM solutions designed to integrate seamlessly with your business operations.
We align audit focus with business-critical risks and strategic priorities, backed by AI-driven trend analysis and predictive risk modelling.
We deliver: risk scoring, heatmaps, enterprise-wide audits, emerging risk audits (cyber, ESG, supply chain), and KRI-linked dashboards.
Detailed Service Offerings:
We conduct structured risk assessments with leadership & business teams, prioritizing risks by exposure, velocity & control maturity — and define actionable mitigation plans with clear ownership and timelines.
We then define mitigation strategies and action plans with:
Outcome: Risks become visible, accountable and manageable — not conceptual.
We develop governance dashboards and reporting formats that help CFOs & Boards track risk proactively — enabling confident, evidence-backed decision-making.
Outcome: Boards don’t just see risk. They understand its movement and approve decisions with confidence.
Meets mandates under the Companies Act, 2013, SEBI LODR, and auditor reporting obligations under Section 143(12).
Strengthens stakeholder trust through proactive fraud detection and management.
Reduces losses arising from procurement fraud, asset misappropriation, and financial manipulation.
Establishes transparent oversight mechanisms aligned with global governance standards.
Enables swift, structured, and defensible responses to fraud events.
Embeds integrity, accountability, and ethical conduct across the organisation.
PACE brings partner-led, forensic-informed
Fraud Risk Management built on 23+ years of
experience across audit, governance, internal controls, and
investigations.
Our approach integrates fraud risk assessment, control design,
forensic analytics, and behavioural insight to help organisations
prevent, detect, and respond to fraud risks in a
structured and proportionate manner.
Beyond frameworks and policies, we work alongside leadership to
embed fraud risk ownership into processes,
accountability models, and reporting — ensuring fraud risk
management is practical, visible, and resilient, not reactive.
Talk to us about building a fraud-resilient organisation with proactive controls, real-time monitoring, and governance you can trust.
Request a Discovery Discussion© 2023 Created with Royal Elementor Addons
At PACE, we recognize that each client has unique needs, which is why we identify and fulfill those needs through our own highly personalized consulting. We work together with our clients on their problems and provide them with the best possible solution.
Copyright © 2024 | Designed & Developed By: Tlpglobus Solutions Pvt. Ltd.
199, Ground Floor , Raghuleela Mega Mall, Poisur Bus Depot, Kandivali West, Mumbai 400067
