24SS-0159: Surgent's Fraud Basics: Protecting the Company Till (Self-Study)

Valid for one year from purchase date
Self-study - Downloadable PDF
4 CPE (4 technical)

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.

Major subjects

• The price of fraud -- ACFE'sReport 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

Learning objective(s)

• 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

Who should take this program?

CPAs in public practice and industry who wish to educate clients or colleagues on preventing fraud from occurring at the source

Fees

Standard Member Fee	$79.00
Standard Nonmember Fee	$79.00

Related programs

May 7, 2024 | Financial Statement Fraud | Webinar

May 8, 2024 | White-Collar Crime: What Every CPA Should Know | Webinar

May 10, 2024 | Prevention and Detection of Fraud in Small Businesses | Webinar

May 10, 2024 | Ask Me No Questions and I Will Tell You No Lies: The Art of Interviewing and Interrogation | Webinar

May 10, 2024 | Walkin', Talkin', Lookin' and Listenin': Or Things Most of Us Don't Do Well | Webinar

Related products

An Exhaustive Look At Fraud & Ways To Control It (Part 1) | Self-Study (On-Demand)

An Exhaustive Look At Fraud & Ways To Control It (Part 2) | Self-Study (On-Demand)

Combating Internal Fraud | Self-Study (On-Demand)

Coping With the Growth of Online Fraud | Self-Study (On-Demand)

Fraud Trends: Applying Real-life Lessons to Small- and Mid-Size Entities | Self-Study (On-Demand)