Description
This course provides insight into the Business Fraud Risk Framework and focuses on the most relevant fraud schemes affecting organizations.
Objectives
- Distinguish between different Fraud schemes within the Business Fraud Risk Framework.
- Identify the most prevalent Fraud schemes perpetrated across organizations.
- Describe the adverse impacts on an organization as a result of perpetrated Fraud schemes.
- Identify red flags for each of the Fraud schemes.
- Recall an effective root cause analysis.
- Distinguish the methodology of how frauds are committed.
- Identify trends in various types of fraud.
- Recall how to mitigate Fraud within an organization with properly designed internal controls and other methods.
Highlights
- Business Fraud Risk Framework
- Cyber fraud
- Misappropriation of assets
- Money laundering
- Financial statement fraud
- Investing/Ponzi schemes
- Bribery
- Risk mitigation techniques