Description
Understand the characteristics of a fraudster, the cost of fraud to your business, and how to detect and hopefully prevent it from happening.What are the mechanisms used by perpetrators to defraud their companies? What we’ve found is that even with the move toward digital payments and technologybased businesses, the means fraudsters use stand the test of time. This topic will help you understand the characteristics of a fraudster, what are the typical fraud schemes being used, how long the schemes last, the cost of fraud to your business, and how to detect and hopefully prevent it from happening.
Date: 2021-02-23 Start Time: End Time:
Learning Objectives
What Is Occupational Fraud and Why Is It the Most Common Fraud?
• The Methods by Which Occupational Fraud Is Committed
• The Means by Which Occupational Frauds Are Detected
• The Characteristics of People Who Commit Occupational Fraud
What to Do If Fraud Happens in Your Business
• Who Do You Call?
• What Should You Do Internally?
• Initial Communication
What to Do to Prevent Fraud
• Tone at the Top
• Hiring Practices
• Internal Control Procedures
Fraud Detection Techniques
• Fraud Hot Line
• Company Policies
• Audits; Internal vs. External
How to Think Like a Fraudster
• Survival
• Revenge
• Greed
ACFE ,CLE (Please check the Detailed Credit Information page for states that have already been approved) ,HR Certification Institute ,SHRM ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Robert W. Evans, CPA/ABV, CFF, CGMA, CDFA-Blue & Co., LLC, Michael J. Stevenson, CPA, CFE, CFF, ABV – Blue & Co., LLC
