Surgent's Fraud Basics: Protecting the Company Till
Monday, May 13, 2024
Webcast or Webinar, Online
9:00 AM - 12:30PM (opens at 8:30 AM) EST
4Credits
Accounting and Auditing
Registration is Closed
Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.
Members
$159.00 Regular Price
Non-Members
$219.00 Regular Price
Course Type: Webcast
Course Code: 24/SUDRF468
Level: Basic
Vendor: Surgent
Field of Study: Auditing
Overview:
The focus of this course is reducing the overall risk of fraud. To that end, instruction will cover the factors that play a role in turning honest employees into fraudsters. Discussion will touch on integrity and ethics, as well as how the reactions of people in certain situations may impact the prevalence of fraud. The course will also explore the dark net and cryptocurrency fraud.Objectives:
- Recognize the prevalence of fraud
- Understand the ways an organization may unintentionally cause fraud
- Identify the costs of fraud
- Comprehend how the new COSO framework for internal control focuses on fraud
- Grasp the importance of an internal control environment
- Understand how people may respond differently to certain factors
- See that there are many layers involved in fraud defense
Major Topics:
- The price of fraud – ACFE’s Report to the Nations and ancillary costs
- The current economy – microeconomics and analysis
- COSO internal control framework, particularly Principle 1 (integrity/ethics) and Principle 8 (fraud risk assessments)
- Power of morale – shrinking the fraud triangle and employee motivation
- Why good folks go bad – interesting findings and red flags
Major Topics:
- The price of fraud – ACFE’s Report to the Nations and ancillary costs
- The current economy – microeconomics and analysis
- COSO internal control framework, particularly Principle 1 (integrity/ethics) and Principle 8 (fraud risk assessments)
- Power of morale – shrinking the fraud triangle and employee motivation
- Why good folks go bad – interesting findings and red flags