On-Site Training Topic Details
Fraud Prevention
Virtually every entity suffers from fraud, though they may not know it. Fraud is a growing problem, despite attempts to control it, costing entities an average of 6% of their revenues. This 1-day, instructor-led course will show you why traditional internal controls can be ineffective in preventing many frauds.
Discover what you can do to better protect your company. Compliance with Section 404 of Sarbanes-Oxley is a first step for public companies: this course will take you further into leading techniques to manage the risk of fraud and cut its ongoing cost for all types of entities.
Who Should Attend:
Certified Fraud Examiners and others charged with fraud prevention and deterrence
Internal and independent auditors
Audit committee members and CFOs
Business risk consultants
Risk managers
Corporate security managers
Business owners and managers of government entities
What You Will Learn:
How leading entities are saving millions by fighting fraud effectively
Deterrence vs. detection – the lessons from other industries
Why traditional internal controls often fail to deter fraud
The seven fraud deterrence processes all companies should have
How to find the gaps in your fraud deterrence processes
Avoiding common mistakes in fraud risk assessment
Using process re-engineering to cut your fraud risks dramatically
CPE Credits: 8
Course Level: Basic