Event Details
Focus and Features
This topic was developed to help auditors understand the various categories of fraud, preferably occupational fraud, and its impact in the preservation and creation of Company VALUE. In doing so, internal auditors will be able to recommend to their respective organizations the appropriate anti-fraud controls per specific category of occupational fraud.
What You Will Learn
I. Overview:
- Definition of Fraud
- Global Cost of Fraud and the Profile of a Perpetrator/Fraudster
- Fraud Triangle
- Understanding of the Fraud Scale
- Three Categories of Occupational Frauds and the Fraud Tree
II. Asset Misappropriation
- Skimming
- Cash Larceny
- Check Tampering
- Register Disbursement Schemes
- Billing Schemes
- Payroll and Expense Reimbursement Schemes
- Inventory and Other Non-Cash Assets
III. Corruption
- Bribery
- Conflicts of Interest
IV. Financial Statement Fraud
- Various FS Fraud Schemes
V. Fraud Prevention and Deterrence Measures