Fraud Examination: Prevention, Detection, and Investigation FLEXCAST

Overview

Professionals might find themselves ill-equipped to identify and tackle the complex issue of fraud within their organizations. The nuances of different fraud types, coupled with the challenge of creating an environment that deters fraudulent activities, can be overwhelming. Additionally, the lack of expertise in effectively investigating and reporting fraud instances further complicates matters, leaving businesses vulnerable to financial and reputation damage. This course bridges the gap between limited understanding and a comprehensive grasp of fraud prevention, detection, and investigation. It equips participants with the skills to identify common conditions that foster fraud, recognize various fraud types, and understand the methodologies used in fraudulent activities. The course also offers valuable insights into the roles and strategies of fraud examiners, including practical techniques for conducting investigations, interviews, and document examinations. With this knowledge, participants will be able to construct effective anti-fraud policies and controls, significantly enhancing their organization’s ability to prevent and respond to fraudulent activities confidently and competently.

Highlights

Fraud. Fraud and theft schemes. Financial statement fraud. Fraud policies and controls. Fraud detection. Fraud investigation. Investigation of concealment and conversion. Fraud interviewing techniques. Fraud report. Legal aspects of fraud.

Prerequisites

None.

Designed For

CPAs, controllers, accountants, financing professionals, business owners, managers, and others responsible for prevention, detection, or evaluation of potential fraud.

Objectives

Recognize the conditions under which fraud is most common. Cite the types of rationalization used for committing fraud. Specify the circumstances under which collusion is more likely to occur. Specify the different types of fraud as well as the individuals or entities that are harmed in the process. Identify the activities in which a fraud examiner may be engaged.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.