Supplier and Customer Vetting

Contract Compliance Services

Establishing / Reviewing a Whistleblowing Hotline

Fraud and Corruption Prevention Services

Superannuation Fraud and Theft Prevention and Investigation

Identity Theft Prevention

Anti-Money Laundering and Counter Terrorism Financing Services

Asset Tracing and Funds Tracing

Forensic Reviews

Data Mining

Supplier and Customer Vetting

Fraud and Misconduct Investigations

Royalty and Licensing Audits

Pre-Employment Screening

Code of Conduct services

Forensic Accounting

Conflict of Interest services

contact us

Warfield & Associates
Level 17, 60 Castlereagh Street
Sydney NSW 2000
Tel : (612) 9231 7588
Fax: (612) 9231 7575

There is a significant risk of external party fraud and corruption in the Australian economy.  This can take the form of a contracted party manipulating the procurement process or soliciting the payment of secret commissions.

Organisations should take steps to ensure the bona fides of new suppliers and customers and periodically confirm the bona fides of continuing suppliers and customers.  

While much fraud and corruption in Australia is instigated by persons internal to an organisation, Australian business is becoming increasingly susceptible to externally instigated fraud.  There is growing evidence of the involvement of organised crime in external fraudulent attack on Australian corporations and government agencies in particular financial institutions and welfare organisations.

Fraud and corruption typically perpetrated by external parties involves manipulation of the procurement process by paying or offering bribes.  The risk of fraud or corruption will be reduced if the organisation knows who it is dealing with in all significant commercial transactions.

Recent changes to anti-money laundering and financing of terrorism legislation around the world have also changed requirements for more active vetting of other parties with which an organisation deals.

Warfield & Associates can help your organisation better understand the integrity of who it is dealing with.