Last date for submission of paper: unknown; Contact person: Beatrice Kairu; Fraud negatively impacts organizations in many ways including financial, reputation, psychological and social implications. The full cost of fraud is immeasurable in terms of time, productivity, and reputation including customer relationships. Depending on the severity of the loss, organizations can be irreparably harmed due to the financial impact of fraud activity. Therefore, it is important for organizations to have a strong fraud program that includes awareness, prevention, and detection programs, as well as a fraud risk assessment process to identify fraud risks within the organization.