Course

**CANCELLED** Fraud Basics: Protecting the Company Till

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Event Details

Thursday, November 14, 2019

12:30pm – 4:00pm
(Registration: 12:00pm)

Location

Holiday Inn

1100 5th St S

Great Falls, MT 59405

406-727-7200

Field of Study

  • Accounting

CPE Credit

4 hours CPE credit

Course Code

DRF4-44

Instructor

Level of Knowledge

Basic

Vendor

Surgent CPE LLC

Prerequisites

None

Description

This course has been changed from Forensic Accounting 101 to Fraud Basics: Protecting the Company Till

Our focus is to reduce the overall risk of fraud. To that end, this course focuses on what factors contribute to turning
honest employees into schemers. Discussion will include integrity and ethics, as well as how people may react in certain
situations. We also explore the darknet and cryptocurrency fraud.

Highlights

  • Fraud's cost: ACFE's Report to the Nations; Ancillary costs
  • Current economy: Microeconomics; Analyses
  • COSO's Internal Control Framework: Principle #1 - Integrity/Ethics; Principle #8 - Fraud Risk Assessment
  • Power of morale: Shrink the fraud triangle; Motivation
  • Why good folks go bad: What studies indicate; Five interesting findings; Red flags

Objectives

  • Understand the prevalence of fraud
  • Realize how organizations may cause fraud without realizing it
  • Comprehend the cost of fraud
  • See how the new COSO Framework for Internal Control focuses on fraud
  • Understand that there are many layers in fraud defense

Designed For

CPAs in public practice and industry who wish to educate clients or colleagues on how to better prevent fraud from
occurring at the source – would-be fraudsters.

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