Cover Your Assets: Fraud and Internal Controls

Lucas LaChance

Lane Gorman Trubitt, LLC

  • CPA Canada
  • CFF
  • CIA
  • CMA
  • CPA

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Before starting this self study program, please go through the instructional document.

Overview

  • Learning about Association of Certified Fraud Examiners
    2 mins
  • What is the Data Behind the Scenes
    10 mins
  • How is Occupational Fraud Committed?
    19 mins
  • Victim Organizations
    26 mins
  • The Control Environment
    40 mins

Course Description

Many organizations have gone through extensive efforts to comply with Sarbanes-Oxley and other internal control regulations to ensure accuracy in their financial statements. But financial statement controls cover only a small area of risk and often ignore the far greater risks resulting from weak operational and other financial controls. This free CPE webinar not only addresses the theoretical concept of the internal control systems but also provides readers with the practical guidance they need to assume a role in the design, implementation, maintenance and evaluation of a comprehensive framework of internal controls for their organizations

Odds are, fraud is happening at your company. If not now, it’s really only a question of when. Today’s session focuses on the staggering statistics of occupational fraud as well as some cost-effective solutions that small- and intermediate-sized companies can consider to safeguard your assets and protect your operations. If time permits, we will also look into a fraud case study and discuss red flags in the behavior of a fraudster. 

Highlights of the webinar :

  • Examine effective internal controls concerning revenue, accounts receivable, and cash receipts.
  • Effective methods to control fraud.
  • Recognize signs indicating fraud and enable detection strategies.

Learning Objectives

  • To identify the impact of fraud on their organization and the economy
  • To be familiar with the personal characteristics of a fraudster and some of the methods used to defraud organizations
  • To identify some common and cost-effective controls organizations can use to strengthen their internal control environment

Who Should Attend?

  • Accountant
  • Accounting Managers
  • Accounting Practice Owners
  • Accounts Director
  • Auditors
  • CPA (Industry)
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial CPA
  • Staff of Accounting Firm
  • VP Accounts