BeachFleischman is one of the largest locally-owned accounting firms in Arizona and offers fraud prevention hotline services through a program called Red Flag Reporting. Red Flag Reporting is a simple, yet highly effective program designed to educate and empower your employees with the tools to detect fraud and report unethical behavior. We help organizations throughout Arizona, including Phoenix, Tucson, Scottsdale, Mesa and Tempe, protect their employees, resources and reputation. Services are supervised by individuals with the appropriate credentials and experience.*
As an owner or executive, the greatest assets you protect are the employees, resources, reputation and value of your organization. Through training, visual reminders and 24/7 reporting options, the Red Flag Reporting Program will protect what matters most.
The first step to protecting your organization from devastating losses due to fraud is to have each employee attend Red Flag Training where they will learn how to spot red flags and how to report them. This also sets a tone that your organization will not tolerate unethical behavior and is proactive about protecting its employees, board and/or owners from fraudulent activities.
Implementing safe and private avenues for employees to report suspicious behavior encourages employees to take action — without fear of repercussions. Your organization will receive a supply of visual materials such as wallet cards and posters to keep fraud awareness top of mind. Each piece will include a reference to both the toll-free Red Flag Hotline and Red Flag Webline as secure avenues for 24/7 reporting.
Having an independent party handle reports allows for employees to be more open when coming forward. Once a financial case is submitted, a Certified Fraud Examiner or a CPA will evaluate the case and make a recommendation to key persons at your organization. If further investigation is desired, our forensic team will be available to assist you.
With 24/7 reporting availability and a professional handling each report, you can be assured each case will be evaluated and handled timely and with the utmost professionalism.
Red Flag Reporting Program
Besides providing you with a mechanism that supports the #1 way fraud is detected (employee tips), and the #1 way fraud is prevented (a strong tone at the top), Red Flag Reporting provides:
- A nationwide toll-free number staffed by live operators 24/7/365.
- A web reporting portal available 24/7/365.
- The ability to report in both English and Spanish.
- Posters to be hung at key locations within your entity.
- Wallet cards for all employees.
- Quarterly emails to all employees to encourage familiarity with the hotline.
- Quarterly newsletter to management regarding financial ethics and risks.
- 1-hour live fraud awareness seminar for your employees.
- Pre-recorded fraud awareness webinar for your future use.
- Detailed reports.
- Professional report assessment.
- Peace of mind!
Contact our Fraud Prevention Hotline Services Team
BeachFleischman CPAs has offices in Phoenix and Tucson Arizona (AZ) and serves individuals throughout the U.S. If you are interested in learning more about how BeachFleischman’s professionals can assist you, please fill out the submission form below.