Fraud Examination: Prevention, Detection, and Investigation ON DEMAND

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 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. Specify the methods used to falsify expense reports. Recognize the different types of fraud related to each functional area of a business. Recognize the various techniques used to falsely modify the financial statements. Identify the goal of misreporting cash flows.

Preparation

None.

Notice

None.