Description

Fraud in the workplace is not new. However, statistics show that the number of instances of internally actuated fraud schemes is increasing. Additionally, because of all the changes that have come about due to the pandemic and social unrest, fraud risk is at an all-time high. This session starts by reviewing the many reasons that fraud occurs. It then looks at ways to detect internal fraud and finally explores control measures that can help to reduce fraud risk. Finally, it details the effect of recent workplace upheaval and provides insight into have it should be addressed. Those who take the class will learn just how invasive and damaging internal fraud can be. They will also know ways to detect and thwart fraudulent activity.

Objective

* List reasons that employees and others who are internal to an organization choose to undertake fraudulent acts * Discuss the types of control measures that work best as entities strive to mitigate fraud risk * Understand specific internal control measures

Highlights

* Understanding why internal fraud occurs * Policies, procedures, and control measures designed to fight fraud

Who Should Attend

Accounting and other business professionals who would benefit by understanding how pervasive internal fraud can be and the wish to work to mitigate the risk associated with it

Required Knowledge

None

Advanced Prep

None