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. No two organizations are the same and specific fraud risks and exposures are unique to each organization. To know the fraud risks your organization may susceptible to, a Fraud Risk Assessment must be conducted. Understanding how to properly identify and assess fraud risk helps an organization develop and implement an effective fraud program that reduces the potential financial, reputational, and organizational risks associated with fraud.
This course will help individuals learn the skills necessary to drive, implement, and execute an effective Fraud Risk Assessment as part of an overall Fraud Risk Program using lecture, case studies, best practices, and exercises.
Who Should Attend
Internal auditor staff and management; financial and operational management and staff
Professionals with at least 2 years of experience