Fraud Risk Assessment (Online Self-Study)

CPE Credit: 3 
Course Level: Intermediate
Prerequisite: Familiarity with common fraud schemes and risks


A fraud risk assessment can be a powerful and proactive tool in the fight against fraud for any organization. Regulators, professional standard-setters and law enforcement authorities continue to emphasize the crucial role that fraud risk assessment plays in developing and maintaining effective anti-fraud 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. 


Key Takeaways:  

  • How a fraud risk assessment contributes to an effective fraud risk management program 
  • Methods used to address fraud risks 
  • How to properly execute the fraud risk assessment process 
  • Why fraud risk assessments are invaluable to organizations  

Preview Course

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CPE Information:

You Will Learn How To: 

  • Ascertain 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 
  • Recognize methods to address fraud risks identified during the risk assessment process 






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

ACFE Online Self-Study Courses Feature:

24/7 access to courses through your Internet browser

Save time and quickly earn CPE credits with instant access, grading and printable certificate

The flexibility to start or stop a course and pick-up right where you left off

No additional shipping fees

Learn more about accessing your online self-study course.

Learn more about about online self-study courses and their features.

System Requirements:

Internet access: High-speed connection recommended

Free Adobe Flash Player

Speakers required for video sound

Online Self-Study Troubleshooting Guide:

Problem: When I attempt to access my courses from “My Online Learning,” the course never launches, or I receive an error message saying my pop-up blocker needs to be turned off.

Solution: Your web browser must be configured to allow pop-ups in order to access ACFE Self-Study courses. Your browser may prompt you to allow pop-ups, or you may have to allow them manually. You may either allow them for all sites, or allow them just for the current site.

For information on how to manage your pop-up blocker settings in a specific browser, click the link below that corresponds to the browser you are using:

Internet Explorer
Google Chrome

Also note that many toolbars, such as the Google Toolbar and Yahoo! include pop-up blockers as well. If you have one or more toolbars installed on your browser with built-in pop-up blockers, you must configure them to allow pop-ups.

Problem: When I click on a course from “My Online Learning,” I am presented with a login page, but my username and password won't allow me to log in.

Solution: You do not have to log in a second time to access your online self-study. You most likely reached the login page because you clicked the link labeled “Click Here” as shown below:

Online SS Image Absorb Error

Do not click that link; instead, allow your browser to automatically open the eLearning window on its own, which should happen after a few seconds. This will log you in automatically so that you can access your online courses.

Problem: I receive the following error when I try to load a different lesson with a course:

SS Online API Error

Solution: This occurs in Internet Explorer when trying to load a different lesson without closing the current lesson. This error can be avoided two different ways:

Always close the current lesson before going to another one. Always click the Close Window button (usually the red “X” in the upper right corner) of the current lesson before clicking on another lesson.

Use a different browser. This error seems to only occur in Internet Explorer, so using Mozilla Firefox or Google Chrome should resolve the issue (see below for links to download either of these browsers).

Other Troubleshooting Tips: If you encounter other errors, such as courses freezing or crashing, we recommend taking the following action:

Try a different browser. ACFE online self-study courses are designed to run on all modern web browsers, but if you encounter a problem that is not solved using one of the suggestions above, you can try using a different web browser to see if it eliminates the problem. We have most frequently seen where using Mozilla Firefox or Google Chrome has resolved an issue that was seen in Internet Explorer.

Mozilla Firefox can be downloaded here
Google Chrome can be downloaded here

Make sure you are running the latest version of Flash. Go to to see what version of Flash you are running, and then compare that to the table on that page to see what the latest version is for your operating system/browser combination. If you are not running the newest version, you should upgrade and see if that resolves the problem.