fraud risk management
*Please note: Schedule listed is for U.S. and Canadian events. All events outside of the U.S. and Canada are pushed back 30 minutes with registration beginning at 8:00 a.m. and the last session ending at 4:55 p.m.
Building an effective fraud risk management program requires solid understanding of how and why fraud is perpetrated. Discuss the components of a fraudulent act, different types of fraud schemes and the impact fraud has on organizations. Also, analyze why individuals commit fraud and why the threat of punishment alone doesn’t deter potential fraudsters.
General Anti-Fraud Controls (Entity Level/Establishing an Anti-Fraud Culture)
Identify different types of internal controls and the framework for building an effective system of internal controls for the organization. Additionally, learn how to design and implement entity-wide controls to prevent fraud, such as the proper tone at the top and good hiring practices, and to detect fraud, such as hotlines and proactive fraud audit policies.
Fraud Risk Management — Overview
The risk of fraud is just one of the many types of risks to be managed by an organization. But to let this risk fall out of focus can bring catastrophic results. This session will provide an overview on risk management frameworks and will introduce the concept of fraud risk, including the factors that influence it. You will also learn about why businesses should manage fraud risk and who within the organization is responsible for this task.
Ensuring Fraud Awareness
In this session, you will examine the need for an ethical corporate culture and what such a culture looks like. You will also identify the roles and responsibilities of different parties throughout the organization with regard to managing fraud risk, and discuss how performance measurement and management initiatives can support — or hinder — the organization’s anti-fraud initiatives. In addition, this session will explore how to promte employee fraud awareness by instituting an effective employee anti-fraud education program, ethics policy, code of conduct, and employee support programs.
Developing a Fraud Risk Management Program
Fraud Risk Assessment, Part 1
Using Automated Continuous Monitoring Tools
Fraud Risk Assessment, Part 2
Responding to Discovered Fraud