• On-Site Training Topic Details 


    Controlling the Risk of Asset Misappropriation 


    Asset misappropriations pose a universal risk to all organizations. According to the ACFE's 2012 Report to the Nations, these schemes are by far the most common form of occupational fraud, accounting for 87% of cases reported and resulting in a median loss of $120,000 per incidence. By identifying areas of vulnerability and implementing targeted preventive and detective measures, anti-fraud professionals can reduce the potential impact of these threats on their organizations.

    Learn how to stay a step ahead of this form of employee fraud with the ACFE's two-day seminar, Controlling the Risk of Asset Misappropriation. This training course will help you assess your organization’s risk of asset misappropriation and will provide best practices for deterring and identifying the costly theft or misuse of company resources. 


    You Will Learn How To:  

    Identify common asset misappropriation schemes, including skimming, larceny and check tampering

    Assess entity-wide fraud risks, including how the organizational culture affects the threat of asset misappropriation

    Assess the process-level fraud risks in the cash receipts, cash disbursements, payroll and other functions

    Establish effective internal controls to mitigate the risk of asset misappropriation schemes

    Respond to an asset misappropriation scheme that has been identified


    Who Should Attend:  

    Internal and external auditors

    Forensic accountants

    Controllers, CPAs and other accounting professionals

    Certified Fraud Examiners and other anti-fraud professionals 


    CPE Credit: 16

    Field of Study: Auditing

    Course Level: Overview
    Prerequisite: None

    Advanced Preparation: None