Fraud Prevention

Virtually every entity suffers from fraud, though management might not know it. With fraud costing entities an estimated 5% of their annual revenues, organizations lacking proactive fraud prevention measures are the most at risk. This virtual seminar 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 virtual seminar will take you further into leading techniques to manage the risk of fraud and cut its ongoing cost for all types of entities.

Learning Objectives: 

• 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 

Agenda:
9:30-10:50 a.m. CT   Why Employees Commit Fraud
10:50-11:00 a.m. CT    Break
11:00 a.m.-12:20 p.m. CT Understanding Fraud Prevention
12:20-12:50 p.m. CT   Lunch
12:50-2:10 p.m. CT   Preventing Asset Misappropriation Schemes
2:10-2:20 p.m. CT   Break
2:20-3:40 p.m. CT   Preventing Financial Statement Fraud and Corruption Schemes
3:40-3:50 p.m. CT   Break
3:50-5:10 p.m. CT   Entity-Level Fraud Prevention Controls 

Speaker:



Bethmara Kessler, CFE
Speaker/Advisor
ACFE Regent Chair, ACFE Board of Regents