• On-Site Training Topic Details 


    Fraud Risk Management 


    The field of risk management has attracted increased mainstream attention in the wake of the economic meltdown as the public has begun to comprehend the negative effects of uncontained risk. Unfortunately, many risk management professionals tend to underestimate the role of fraud in the scope of their professional duties.


    With organizations losing an estimated 5 percent of their annual revenues to fraud, the need for a strong anti-fraud stance and proactive, comprehensive approach to combating fraud is clear. As organizations increase their focus on risk, they should take the opportunity to consider, enact and improve measures to detect, deter and prevent fraud. This course will explain how organizations can integrate anti-fraud initiatives into their risk management programs to:

    Identify, assess and manage fraud risks from all sources

    Support fraud risk management initiatives by establishing an anti-fraud culture and promoting fraud awareness throughout the organization

    Develop a system of internal controls to address the entity’s fraud risks

    Address and respond to any identified instances of fraud


    You Will Learn How To:  

    Identify fraud risks and the factors that influence them

    Analyze existing risk management frameworks and how they pertain to managing fraud risk 

    Develop and implement the necessary components of a successful fraud risk management program 

    Identify the elements of a strong ethical corporate culture 

    Promote fraud awareness to employees at all levels of the organization 

    Who Should Attend:  

    Bank and financial institution auditors

    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

    Certified Fraud Examiners and other anti-fraud professionals 


    CPE Credit: 16

    Field of Study: Management Advisory Services

    Course Level: Intermediate
    Prerequisite: Familiarity with common fraud schemes and risks 

    Advanced Preparation: None


    Ethics Icon  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