Fraud Prevention, Detection, and Audit ON DEMAND

Overview

This in-depth course, taught by Marshall Romney, offers a comprehensive exploration of the world of fraud prevention, detection, and audit. It is an invaluable resource for professionals seeking to enhance their understanding and capabilities in this critical area. Participants will benefit from a thorough breakdown of the basic elements of fraud, gaining the ability to recognize and cite examples of fraudulent practices. The course delves into the profiles of fraud perpetrators, providing insights into their characteristics and motives. The course also addresses the pressures and rationalizations leading to fraud. Furthermore, participants will learn to identify opportunities that lead to fraud and the specific prevention techniques for each scenario. This class emphasizes the importance of recognizing company vulnerabilities and symptoms of fraud, enabling early detection and prevention. Additionally, the course guides participants through the key elements of a fraud investigation and audit. The class’s well-rounded approach ensures that participants are well-equipped to handle various aspects of fraud within their organizations.

Highlights

Introduction to fraud. Who commits fraud and why. Fraud prevention. Fraud detection. Fraud investigation and audit. Review of an auditor’s responsibility with respect to 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

List the basic elements of fraud and explain how the various types of fraud are carried out. Cite examples of fraudulent practices. Identify the various types of fraud perpetrators, their characteristics, and their reasons for committing fraud. Cite the benefits of fraud prevention techniques. Identify the pressures and rationalizations that can lead to fraud. Identify programs to relieve workplace pressures and help prevent the occurrence of fraud. Identify the opportunities that lead to the occurrence of fraud and the fraud prevention techniques specific to each of those kinds of opportunities. Identify company vulnerabilities and the various symptoms indicating the presence of fraud in order to detect fraud when it occurs or prevent the occurrence of fraud.

Preparation

None.

Notice

None.