Surgent's Fraud Basics: Protecting the Company Till - On-Demand Webcast
May 1st, 2024 - April 30th, 2025 @ -
| Member Price | $129 |
| Non-Member Price | $159 |
| If you are a member, please login to activate member pricing. | |
Credits
4Description
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 Subjects
- 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