Every organization in the world will fall victim to fraud. This course will cover the means and methods available to reduce the prevalence of fraud. We will also discuss the controls that victim organizations employ in order to seek improvements for our own organizations.
Target Audience
CPAs in public practice and industry who wish to educate clients or colleagues on preventing fraud from occurring at the source – would-be fraudsters – and who wish to improve anti-fraud controls
Course Objectives
Recognize the prevalence of fraud
Grasp the importance of an internal control environment
Recognize potential signs of fraudulent behavior
Understand how people may respond differently to certain factors
See that there are many layers involved in fraud defense
Anticipate a new environment ripe for fraudulent claims and reports
Subjects
The price of fraud – ACFE’s Report to the Nations and ancillary costs
Deviant workplace behavior
Why good folks go bad – interesting findings and red flags
Combating fraud with controls
Controls used by fraud victim organizations and suggestions for better implementation
Fraud’s new frontier
Corporate social, environmental, governance, and equity/inclusion reports and audits
