Combating Internal Fraud

Description

Fraud in the workplace isn't new, but statistics show that internally actuated fraud schemes are increasing. Using case studies from real-world examples, review some of the adverse effects rampant fraud causes businesses today. Fraud events are incredibly detrimental to organizations and often long-lasting. Review the many reasons internal fraud occurs; how invasive and damaging it can be, learn detection techniques, and explore control measures that reduce fraud risk.

Highlights

• Understand why internal fraud occurs
• Review policies, procedures and control measures designed to fight fraud

Objectives

• Identify alternatives to GAAP that may simplify accounting and reporting without sacrificing quality
• Develop disclosure checklists that are unique to each set of financial statements improving efficiency
• Learn how to save time in selecting and writing disclosures, while improving the effectiveness
• Understand how to document accounting and disclosure decisions to satisfy peer reviewers and users of financial statements

Designed For

CPAs, accountants and financial professionals.