Combating Internal Fraud 2024

Overview

Fraud in the workplace is not new. However, statistics show that the number of internally actuated fraud schemes is increasing. Additionally, fraud risk is at an all-time high because of the recent disruption. This course starts by reviewing the many reasons that fraud occurs. Then, it looks at ways to detect internal fraud and explores control measures that can help reduce the risk. Those who take this class will learn just how invasive and damaging internal fraud can be. You’ll also know ways to detect and prevent fraudulent activity.

Highlights

• Understand why internal fraud occurs • Review policies, procedures and control measures designed to fight fraud

Prerequisites

None

Designed For

CPAs, accountants and financial professionals.

Objectives

• Recall reasons that employees and others who are internal to an organization choose to undertake fraudulent acts • Recognize the types of control measures that work best as entities strive to mitigate fraud risk • Identify specific internal control measures that can help to reduce fraud activities

Preparation

None