Organizations of all kinds and sizes are increasingly threatened by fraud. For example, 5% of all gross revenue is lost to fraud each year, according to the Association of Certified Fraud Examiners.
Embezzlement, kickbacks, check fraud, financial statement fraud and vendor billing schemes are just a few of the countless crimes committed by employees against organizations of all kinds and sizes.
Through a combination of lectures, case studies and reviews, this course provides CFOs and other corporate finance professionals with a strong foundation of practical knowledge about how the common frauds are committed.
In this course we will discuss:
- Who commits fraud
- Why employees commit fraud
- How to detect red flags of common schemes
- Essential fraud detection tools and techniques
- Software tools for auditing for fraud
- Best practices for developing and implementing anti-fraud controls
Learning Objectives
- Discover the breadth and depth of the fraud problem
- Identify the motives of internal fraudsters
- Be able to explain the mechanics of specific fraud schemes
- Identify the red flags of fraud
- Be able to detect and investigate employee fraud
- Build an anti-fraud control environment
86 Reviews (317 ratings)
Prerequisites
Prerequisite: Exposure to internal controls
Advanced Preparation: None