All organizations are subject to fraud risk. Association of Certified Fraud Examiners (ACFE) studies show that an average of 5% of revenue is lost to internal fraud schemes within an organization. History has taught us that identifying and evaluating fraud requires more than common sense; it requires training and skills development. Creating fraud awareness and teaching employees to recognize potential fraud risks can reduce the potential financial, reputational, and organizational risks associated with fraud. The ability of an organization to prevent and detect fraud begins with fraud awareness—how it occurs, the characteristics of a fraudster, and what to do when fraud is suspected.
This class will help individuals learn and develop the skills necessary to help drive, implement, and execute an effective Fraud Awareness Training Program in their organization as part of an overall Fraud Prevention Program through the use of case studies, best practices, and group exercises.
Who Should Attend
Internal auditor staff and management; financial and operational management and staff
A working knowledge of accounting, fraud basics, and financial statements