Fraud Prevention
Overview
This is one seminar you cannot afford to miss. Fraud will affect you in some manner - prepare for the inevitable. A recent study by the Association of Certified Fraud Examiners estimated that fraud costs the global economy more than $3.5 trillion per year. The same study estimated that normal audits discover only about 11% of fraudulent acts, compared to 19% discovered by accident. This seminar includes seven interactive exercises that allow the participants to apply newly acquired knowledge in a real-time setting. Bring a calculator.
Learning Objectives:
- Examine various types of fraud.
- Discuss ways to prevent, detect and investigate these activities.
Major Topics:
- The Fraud Triangle
- A complete analysis of fraud prevention, detection and investigation
- Fraud-related interviewing techniques
- The CPA's role as an expert witness
- Careers in forensic accounting
- The 13 financial reporting shenanigans
- Use of financial statement analysis in fraud assessment
