Fraud Risk Assessment

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Course Level
Delivered via
3 Credits


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  


Familiarity with common fraud schemes and risks

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 What Is Fraud Risk?
Lesson 2 What Is a Fraud Risk Assessment?
Lesson 3 Why Conduct Fraud Risk Assessments?
Lesson 4 What Makes a Good Fraud Risk Assessment?
Lesson 5 Developing an Effective Fraud Risk Assessment
Lesson 6 Preparing the Company for the Fraud Risk Assessment
Lesson 7 Sample Fraud Risk Assessment Framework #1
Lesson 8 Sample Fraud Risk Assessment Framework #2
Lesson 9 Addressing the Identified Fraud Risks
Lesson 10 Reporting the Results of the Fraud Risk Assessment
Lesson 11 Making an Impact with the Fraud Risk Assessment
Lesson 12 Managing and Monitoring Fraud Risk

CPE Information

CPE Credit: 3
NASBA Information: Auditing
Advanced Preparation: None
Last Updated: June 2024
Delivery Method: QAS Self-Study


CPE Credit

Please note: To be eligible for CPE credit, you must complete the final exam within one year of purchase date. You may only claim CPE credit for a course once.

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

  • Internet access: High-speed connection recommended
  • Speakers required for video sound

The Association of Certified Fraud Examiners, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:


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