Online Virtual Seminar

Controlling the Risk of Asset Misappropriation

  • Oct 16-17, 2024 8:00 a.m.
  • Central Time (CT)
Course Level
Delivered via


Asset misappropriations pose a risk to all organizations. According to the ACFE's Occupational Fraud 2024: A Report to the Nations, these schemes are by far the most common form of occupational fraud, occurring in 89% of cases reported and resulting in a median loss of $120,000. 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 the most common form of employee fraud with the ACFE's Controlling the Risk of Asset Misappropriation seminar. This course will help you assess your organization’s risk of asset misappropriation and 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, billing schemes and information theft.

Assess entity-wide fraud risks, including how your 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.

CPE Information

CPE Credit: 16
Advanced Preparation: None
Delivery Method: Group Internet Based

Credit by Field of Study

Auditing: 16

Registration & Fees

Registration Fee:
ACFE Members: $655
Non-Members: $755
Early Registration Deadline: September 16, 2024
Register by the Early Registration Deadline to SAVE $125!

Course Outline

Day 1

  • 8:00 – 9:20 a.m. Introduction

    In this session, you will learn what asset misappropriation schemes are, explore why individuals misappropriate their employers’ assets and discuss common characteristics of employees who undertake these schemes.

  • 9:35 – 10:55 a.m. Conducting a Fraud Risk Assessment

    The first step in addressing the risk of asset misappropriation is to assess the factors that increase this risk. This session explores how a formal fraud risk assessment can help identify and prioritize the areas at greatest risk for asset misappropriation schemes.

  • 11:10 a.m. – 12:30 p.m. Assessing the Culture and Entity-Wide Risks

    An adequate understanding of the company culture and entity-wide risks is a necessary foundation for interpreting the fraud-related risks and controls present in different business processes. In this session, you’ll discuss how the organization’s operating circumstances, organizational structure, ethical tone, management team and other entity-wide factors affect the risk of asset misappropriation.

  • 1:30 – 2:50 p.m. Controlling Risks in Sales and Accounts Receivable

    The areas where cash enters a company—through sales and collection of customer payments—are particularly susceptible to misappropriation schemes. This session will discuss the ways that fraudsters manipulate these functions and the controls that can help prevent and detect such schemes.

  • 3:05 – 4:25 p.m. Controlling Risks in Cash Disbursements

    Organizations make payments for many reasons and through many means, all of which are at risk of being misappropriated by dishonest employees. Learn about how disbursements in the form of checks, electronic payments and expense reimbursements are misappropriated and the mechanisms management can employ to protect against these manipulations.

Day 2

  • 8:00 – 9:20 a.m. Controlling the Risks in Purchasing and Accounts Payable

    Misappropriation schemes that involve manipulation of vendor purchases and payments can be particularly costly for organizations. In this session, you will discuss schemes that attack these functions, such as shell company schemes and personal purchases schemes, as well as preventive and detective controls designed to guard against them.

  • 9:35 – 10:55 a.m. Controlling Risks in Payroll and HR

    All organizations that have paid employees also have the risk of misappropriation in the payroll function. Learn about common ways employees manipulate their paychecks and mechanisms that can be used to prevent and detect these schemes.

  • 11:10 a.m. – 12:30 p.m. Controlling Risks Related to Physical Assets

    The vast majority of asset misappropriation schemes involve cash, but other assets can be stolen as well. Inventory, supplies and fixed assets are commonly targeted for misappropriation or misuse, and these schemes can be extremely costly. During this session, you will explore the different ways employees misappropriate physical assets, and you will learn how organizations can safeguard these assets from the hands of potential fraudsters.

  • 1:30 – 2:50 p.m. Controlling Risks Related to Intangible Assets

    Any valuable information that an organization collects, creates, develops or stores can be susceptible to theft or misappropriation. Such information includes intellectual property and trade secrets, as well as the personally identifiable information of customers and employees that is housed in databases. In this session, you will learn about how these assets can be misappropriated, as well as security measures that can prevent and detect such unauthorized access to and use of proprietary information.

  • 3:05 – 4:25 p.m. Responding to Identified Asset Misappropriation Schemes

    Effectively combatting asset misappropriation schemes includes instituting formal processes and procedures for investigating and remediating any identified misappropriations, and for providing swift and appropriate punishment to identified perpetrators. This session outlines procedures for planning and undertaking a fraud examination and for reporting and responding to the findings of the investigation.


Bethmara Kessler, CFE - Speaker




Payment must be received by September 16, 2024 to receive early registration discount. 

Event Cancellation Policy

Our cancellation policy is intended to keep costs low for attendees. Due to financial obligations incurred by the ACFE, Inc., you must cancel your registration prior to the start of the event. Cancellations received less than 14 calendar days prior to an event start date are subject to a $100 administrative fee. No refunds or credits will be given for cancellations received on or after the start date of the event. Those who do not cancel and do not attend are responsible for the full registration fee. Should an event be cancelled or postponed by the ACFE due to unforeseen circumstances, the ACFE will process a full refund of registration fees within 30 days of such circumstances becoming known. The ACFE will attempt to notify affected customers by phone and email after it determines cancellation is necessary.

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Terms and Conditions


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