Instructor for this course
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Drawing from lessons learned from recent enforcement actions regarding violations of the U.S. Foreign Corrupt Practices Act (FCPA) and developments in the anti-fraud landscape, this course is designed to examine the typical red flags and highlight the best practices on fraud prevention and monitoring initiatives.

In this course, we will explore best practices on how to:

  • Develop a fraud risk management program;
  • Prepare a fraud risk assessment;
  • Deter, prevent or detect fraud risks;
  • Monitor fraud risks; and
  • Enhance FCPA compliance.

Learning Objectives

  • Explore key factors contributing to fraudulent behaviors
  • Identify common fraud schemes
  • Discover the process to mitigate fraud risks
  • Explore the fraud risk assessment process
  • Identify key anti-fraud controls
Last updated/reviewed: April 20, 2018

20 Reviews (95 ratings)Reviews

4
Member's Profile
Decent course for those unaware of how fraud is mitigated within a company
4
Anonymous Author
Good High Level Overview of the concepts and some key tips to avoid.
4
Member's Profile
From the title I was hoping that the course would drill down further into internal controls themselves and how to identify control gaps in order to better mitigate fraud risk. However, it was a good overview of fraud risks and risk assessments. It was well organized and presented.
4
Member's Profile
Material was laid out pretty well, but the slides seemed a little too packed. The text on the slides could be slimmed down or spread out (i.e. more slides with less text).
5
Member's Profile
Comprehensive overview with detailed steps to a good fraud mitigation program. Instructor laid out what was to be covered and then covered it.
4
Anonymous Author
good overview of FCPA, potential fraud risks and areas to keep in mind as you design controls and review transactions and look for signs.
4
Member's Profile
Pretty good discussion on mitigating fraud risk. It's an hour, so it can't cover too much. But, it's a little generic. OK.
5
Member's Profile
very useful. I appreciated the comprehensiveness of the content and the topic was interesting and well presented. Thank you
5
Anonymous Author
It's very educational, without any nonsense. It's the most rewarding, knowledge packed 1-hr CPE I'd attended thus far.
5
Member's Profile
Course well laid out and very thorough. A difficult process to explain well, but this course did that.
3
Member's Profile
basic presentation for main concepts of fraud... good overview of FCPA, potential fraud risks
4
Member's Profile
This is a high level overview of fraud risks. A good introduction to mitigating risks.
4
Member's Profile
Go into more detail instead of the overarching frauds that we see and read about daily.
4
Member's Profile
Good overview, though I expected more details on fraud risk assessment.
5
Member's Profile
Excellent, great course, ready to implement this knowledge.
5
Member's Profile
Very general in nature. Name of training is more promising.
4
Member's Profile
simply and ease to understand
5
Member's Profile
Easy quick survey
5
Anonymous Author
Great course.
4
Member's Profile
Good

Prerequisites

Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  3:59Introduction to How to Mitigate Fraud Risks with Effective Internal Controls
Mitigate Fraud Risks
  10:50Current Regulatory Land Scape
  5:57Fraud Risks Overview
  8:48Typical Warning Signs and Red Flags
  10:56Challenges to Effective Fraud Risk Management
CONCLUSION
  9:21Fraud Monitoring Process
Continuous Play
  49:50How to Mitigate Fraud Risks with Effective Internal Controls
SUPPORTING MATERIALS
  PDFSlides: How to Mitigate Fraud Risks with Effective Internal Controls
  PDFHow to Mitigate Fraud Risks with Effective Internal Controls Glossary/Index
REVIEW and TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM