Fraud Prevention, Detection and Auditing

Workplace fraud through asset misappropriation, corruption and deceptive financial reporting continues to plague all types of organizations and industries. While all companies combat fraud to some degree, the effort often falls short for a variety of reasons. In this seminar we explore common reasons for failure; and more importantly, discuss solutions through anti-fraud controls and a healthy tone-at-the-top. Attendees will take away a series of ideas on how to strengthen their control environment, as well as leading audit techniques.

Topics covered include:

• Fraud prevalence
• Legal elements of fraud
• How fraud is committed
• Asset misappropriate
• Corruption
• Financial reporting
• Elements of an anti-fraud policy
• Descriptions of common fraud schemes
• Anti-fraud controls for consideration
• Preventive
• Detective
• Establishing and updating codes of conduct
• Implementing a whistle-blowing hotline program
• Corporate compliance & ethics programs
• Roles of the board, management, human resources, and internal audit