Virtually every entity suffers from fraud, though management might not know it. With fraud costing entities an estimated 5 percent of their annual revenues, organizations lacking proactive fraud prevention measures are the most at risk. This 1-day, instructor-led course will show you why traditional internal controls can be ineffective in preventing many frauds and how to combat fraud more effectively and economically.
Discover what you can do to protect your company from fraud. Learn about management’s responsibilities for preventing fraud and effective internal controls to aid in this effort. 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.
Upcoming Courses
No courses are scheduled at this time. Please view our Calendar of Events for other upcoming seminars.
You Will Learn How To:
Define the legal aspects of fraud prevention
Recognize the differences between fraud deterrence and fraud detection
Identify reasons why traditional internal controls often fail to deter fraud
Implement the seven factors for establishing an anti-fraud program
Find the gaps in your fraud prevention process
Outline the elements typically found in an anti-fraud policy
Who Should Attend:
Controllers and corporate managers
Forensic and management accountants, accounts payable and financial analysts
Governance, risk management and compliance officers
Internal and external auditors, CPAs and CAs
Loss prevention and security professionals
Business professionals, educators and students interested in the anti-fraud field
Certified Fraud Examiners and other anti-fraud professionals
This course satisfies the ACFE’s requirement of two Ethics CPE hours per year. To read more about the Ethics CPE requirement for CFEs, please visit
ACFE.com/EthicsCPE.
Fees
Members: $295
Non-Members: $395
CPE Credit
8
Field of Study
Specialized Knowledge
Course Level
Basic
Prerequisite
None
Advanced Preparation
None
Delivery Method
Group-Live
Full Course Outline
Fraud Prevention
| |
DAY ONE
|
| 7:30 a.m. - 8:00 a.m. |
Registration - Breakfast Pastries |
| 8:00 a.m. - 9:20 a.m. |
Why Employees Commit Fraud
What can lead an otherwise honest person to engage in dishonest acts? Why does one employee choose to steal from their employer while another does not? This session will explore common factors and thinking partners that lead individuals to commit fraud, as well as why investing in proactive fraud prevention measures is imperative to protecting organizations from this risk.
|
| 9:20 a.m. - 9:35 a.m. |
Break |
| 9:35 a.m. - 10:55 a.m. |
Understanding Fraud Prevention
An organization's management is ultimately responsible for the fraud prevention program. However, many other parties also play a part in protecting against fraud. In this session, you will learn about the roles and responsibilities related to fraud prevention, as well as sources of guidance and best practices for implementing an effective anti-fraud program.
|
| 10:55 a.m. - 11:10 a.m. |
Break |
| 11:10 a.m. - 12:30 p.m. |
Preventing Asset Misappropriation Schemes
Asset misappropriation schemes are by far the most common form of occupational fraud. This session will explore the various types of asset misappropriation schemes and provide numerous control measures that organizations can implement to prevent them.
|
| 12:30 p.m. - 1:30 p.m. |
Group Lunch |
| 1:30 p.m. - 2:50 p.m. |
Preventing Financial Statement Fraud and Corruption Schemes
Financial statement fraud and corruption schemes can be particularly devastating to an organization, resulting in not only large financial losses, but also regulatory issues and reputational damage. In this session, you will hear about the ways these schemes are perpetrated and internal controls that help guard against them.
|
| 2:50 p.m. - 3:05 p.m. |
Break |
| 3:05 p.m. - 4:25 p.m. |
Entity-Level Fraud Prevention Controls
Entity-level controls are high-level controls that serve to protect the organization as a whole. This session will discuss how the organization's culture and structure, reporting mechanism, anti-fraud training and other entity-level controls serve as the foundation for an effective fraud prevention program.
|
Event Details
Event Cancellation Policy
Our
cancellation policy is intended to keep costs low for attendees. Due to financial obligations incurred by ACFE, Inc. you must cancel your registration prior to the start of the event. Cancellations received less than 14 calendar days prior to an event start date are subject to a $100 administrative fee. No refunds or credits will be given for cancellations received on or after the start date of the event. Those who do not cancel and do not attend are responsible for the full registration fee. Should an event be cancelled or postponed by the ACFE due to unforeseen circumstances, ACFE will process a full refund of registration fees within 30 days of such circumstances becoming known. ACFE will attempt to notify affected customers by phone and email after it determines cancellation is necessary.
Satisfaction Guarantee
ACFE seminars are unmatched in scope and effectiveness and backed by our unconditional satisfaction guarantee. If you attend an ACFE event and are not completely satisfied, please contact an ACFE Member Services Representative at
MemberServices@ACFE.com or call (800) 245-3321 / +1 (512) 478-9000.
The Association of Certified Fraud Examiners, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:
www.nasbaregistry.org
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