Concerned about occupational fraud? You should be. All organizations are subject to fraud risk. Association of Certified Fraud Examiners (ACFE) studies show that an average of 5% of revenue is lost to internal fraud schemes within an organization. Creating fraud awareness and understanding how to properly identify and assess potential fraud risk helps an organization develop effective fraud programs that reduce the potential financial, reputational, and organizational risks associated with fraud. The ability of an organization to prevent and detect fraud begins with fraud awareness—how it occurs, the characteristics of fraudsters, and what to do when fraud is suspected.
This course will help busy executives gain the basic knowledge necessary to understand potential fraud risks and oversee fraud programs in their organization. The course uses case studies and illustrates current best practices.