A Proposed Framework for Classifying Preventive and Detective Fraud Controls

Fraud costs investors, society and companies a number of millions, even billions of dollars, and this points out an essential value to fight fraud, this reflects on adopting methods or controls, etc..,basically, this study aim to propose a framework to classify fraud detection and prevention controls, in order to stress the importance of the availability and accessibility as well as, to set out a clue which builds up a strong control systems, the Analytical descriptive approach was utilized to fulfill this objective, which contains literature reviews to collect controls specialized in fraud detection and prevention and go over them, along with finding a mutual linkage to classify it, it?s been accessed and finding out a common bond to be classified as well as it has been relied on the nature of the classification, and a framework has been proposed consists of four main controls: organizational controls, activity and event controls, developmental controls and security and protection controls, and these controls were included in four fields of study tool, a questionnaire to obtain a sample study on the possibility of adopting this classification or not, and were distributed to (234) internal and external auditor, The study found to the possibility of adopting the proposed framework, which combines previous four, it was recommending the need to adopt these controls companies to contribute to builds up a strong control systems to prevent and detect fraud operations and operations irregular and illegal events.