# LIGHTHOUSE FRAUD CONTROL ANNUAL ## PACKAGE ### LIGHTHOUSE BY TORQUE SOFTWARE --- ## FRAUD CONTROL ### ABOUT LIGHTHOUSE Lighthouse is a commercial off-the-shelf software system designed to assist organisations in meeting their obligations under relevant legislation and achieve better practice in Governance, Risk, Compliance (GRC), and Assurance. ### ABOUT THE FRAUD CONTROL ANNUAL PACKAGE The Lighthouse Fraud Control Annual Package provides the core elements of an effective fraud control program. This package addresses both the fraud control environment and culture, as well as specific fraud behaviours. It also supports organisations in meeting fraud control reporting requirements, including the annual Fraud Control Survey. The annual package is undertaken securely in Lighthouse. The benefits of the Fraud Control Annual Package include: - A structured program of fraud control activities seamlessly delivered in Lighthouse to meet better practice requirements - Assists with fraud control reporting requirements - Provides clear visibility of fraud control information for management and audit committees - Flexible and intuitive reporting, either ad-hoc or scheduled - Secured information storage to protect sensitive information. --- ## FRAUD CONTROL This annual Fraud Control Package will consist of the following: ### FRAUD CONTROL HEALTH CHECK This health check focuses on organisation's internal fraud control environment and culture to gauge employee's understanding of fraud across their organisation. ### FRAUD CONTROL ASSURANCE REVIEW This review focuses on specific fraud risks within an organisation by helping to identify potentially fraudulent activity. ### FRAUD CONTROL RISK SURVEY This survey collects fraud risk data from nominated personnel within the organisation that can then be reported as part of any policy requirements. ### REAL-TIME FRAUD INCIDENT REPORTING This functionality embeds a fraud taxonomy within the compliance module of Lighthouse and allows alleged instances of fraud to be reported as they are identified. ### VIRTUAL ON-DEMAND FRAUD CONTROL TRAINING Virtual fraud control training is available through Lighthouse. It can be delivered to a schedule or on-demand. Staff participation can be tracked and training can be initiated on a push basis if required. Training content is always current and is maintained by Torque's team of governance specialists. --- ### Image References Configurable questions that address specific fraud risks can be tailored to meet additional specific fraud control objectives. Identify specific instances of potential or actual fraudulent behaviour. ### FRAUD RISK CHECK - Check the health of the fraud control environment and culture. ### REPORTING Authorised users can generate a variety of reports to view fraud-related data in real-time. --- Contact Information: - Phone: 1300 795 581 - Address: 6/43 Comrie Street Wanniassa ACT 2903 - Email: [info@torquesoftware.com.au](mailto:info@torquesoftware.com.au) **Updated 06/09/2022**