There are many measures organizations can and should take to minimize the risk that fraud might occur and go undetected. A fraud risk assessment can be a powerful proactive tool in the fight against fraud for any business. Regulators, professional standard-setters and law enforcement authorities continue to emphasize the crucial role that fraud risk assessment plays in developing and maintaining effective fraud risk management programs and controls.
Featuring video commentary from several anti-fraud experts, Fraud Risk Assessment provides an overview of fraud risk, explores the risk assessment process and provides you with a framework for conducting and reporting your own fraud risk assessment.
You Will Learn How To:
Determine why an effective fraud risk assessment is vital to an organization
Determine which best practices to use for developing and implementing an effective fraud risk assessment
Identify key factors that should be considered when assessing fraud risk
Identify methods to address fraud risks identified during the risk assessment process
Field of study: Specialized Knowledge
Last updated: December 2016
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Table of Contents:
Lesson 1: Introduction
Lesson 2: What is Fraud Risk?
Lesson 3: What Is a Fraud Risk Assessment?
Lesson 4: Why Should Organizations Conduct Fraud Risk Assessments?
Lesson 5: What Makes a Good Fraud Risk Assessment?
Lesson 6: Considerations for Developing an Effective Fraud Risk Assessment
Lesson 7: Preparing the Company for the Fraud Risk Assessment
Lesson 8: Executing the Fraud Risk Assessment
Lesson 9: Sample Fraud Risk Assessment Framework #1
Lesson 10: Sample Fraud Risk Assessment Framework #2
Lesson 11: Addressing the Identified Fraud Risks
Lesson 12: Reporting the Results of the Fraud Risk Assessment
Lesson 13: Making an Impact with the Fraud Risk Assessment
Lesson 14: The Fraud Risk Assessment and the Audit Process
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