Fraud examination training via MOOCs

According to the ACFE’s latest Report to the Nations, the majority of organizational frauds over the last several years were discovered via tips that weren’t necessarily provided by internal or external auditors. Tipsters, who can be any employee, are prime sources of information about frauds that have occurred or are continuing to occur in organizations.

Therefore, all employees should be educated on fraud basics and how to detect schemes before they dramatically affect companies. As educators, we can make future employees more aware of the ill effects of fraud and how to detect and even prevent it. We eventually may be able to do this for thousands of students via a new powerful tool — massive open online courses (MOOCs).

WHAT ARE MOOCs?