All About Fraud - Examples, Prevention and Auditing WEBINAR

Overview

Fraud continues to make headlines, underscoring the importance of understanding how fraud occurs, how it can be prevented, and how auditors are expected to respond. This course begins with an overview of common fraud schemes identified in the 2026 Report to the Nations issued by the Association of Certified Fraud Examiners. The course then explores practical approaches organizations use to prevent and deter fraud, highlighting controls, policies, and cultural factors that can reduce fraud risk. Participants will also review recent fraud cases. The course concludes with a discussion of the auditor’s responsibilities related to fraud under AU-C 240, including an overview of proposed changes.

Highlights

2026 Report to the Nations issued by the Association of Certified Fraud Examiner. Practical approaches organizations use to prevent and deter fraud, highlighting controls, policies, and cultural factors that can reduce fraud risk. Recent fraud cases reported in the news to reinforce how these schemes manifest in real-world settings. Discussion of the auditor’s responsibilities related to fraud under AU-C 240, including an overview of proposed changes to the fraud standards and what they may mean for future audit engagements.

Prerequisites

None.

Designed For

Accountants and auditors.

Objectives

Recognize common fraud schemes identified in the Report to the Nations. Identify common characteristics and risk factors associated with fraud perpetrators. Identify preventive measures organizations use to deter fraud. Recall key data points and trends from the 2026 Report to the Nations. Identify the auditor’s responsibilities related to the consideration of fraud under AU-C 240.

Preparation

None.

Notice

None.