Strengthening Board Oversight with Proactive Fraud Risk Management

Boards today face unprecedented challenges in an era of increasingly complex and sophisticated fraud risks. BDO’s Jonathan T. Marks, Forensics Principal, emphasizes the necessity for boards to independently own risk, rather than rely on management reports. In an article originally published in AICPA's summer issue of Eye on Fraud, Jonathan outlines the pivotal role boards must play in creating robust channels to detect, report, and mitigate fraud. He offers practical advice to strengthen oversight.