Fraud prevention is part of management responsibility. Management should ensure that they have adequate controls in place to minimise the risk of fraud occurring.
In order to achieve this the University has:
- firstly created a culture which deters fraudulent activity, encourages its prevention and promotes its detection and reporting. It does this by having policies on personal conduct, propriety and accountability, the establishment of effective systems of financial and management control, and the provision of an independent Internal Audit Service reporting to the Audit Committee.
- secondly, established methods to ascertain and document its response to cases of suspected fraud and corrupt practices.
If you are aware of any financial irregularity, or any circumstances suggesting the possibility of irregularity, affecting the financial procedures, cash, stores of other property of the University, then you should immediately notify the University Secretary or the Head of Internal Audit Services.
The Fraud policy details the Fraud Response Plan which shows the processes to be followed when investigating allegations of fraud.