The purpose of this policy is to safeguard the assets, funds and information of the City from fraudulent activity or wrongdoing. To ensure consistent processes are in place for the prevention, detection, reporting and investigation of any act or suspected act of fraud or wrongdoing. Improve awareness among employees of what fraud or wrongdoing is and provide guidance regarding what steps should be taken when fraud or wrongdoing is suspected.
This policy includes definitions of: the purposes of this policy: assets, controlled corporation, forgery, fraud, irregularities, misappropriation, unauthorized, and wrong doing. The policy outlines the procedure for identifying and then managing instances of fraud.