Unveiling the Secrets of Fraud Prevention: The Role of Audit Committees

Learning Objectives

• To discuss general controls and policies that should be in place from a corporate level to mitigate risk or fraud and increase detection and prevention methods.
• To analyze professional skepticism – what it is and how to exercise it.
• To explain fraud controls that are available to an organization.
• To inspect the importance of training employees and having a fraud hotline.

Course Description

Are you ready to protect your organization from fraud? Join our upcoming CPE webinar. With corporate fraud on the rise, audit committees must be equipped with the knowledge and tools necessary to detect and prevent fraud.

In this Auditing Course, you will learn about general controls and policies that should be in place from a corporate level to mitigate the risk of fraud, as well as how to exercise professional skepticism. We will also discuss fraud controls that are available to organizations, the importance of training employees and having a fraud hotline.

Led by our experienced instructor Denise Cicchella, you will gain insights into recognizing red flags of corporate malfeasance and what to do when fraud is suspected. Don't miss out on this opportunity to strengthen your organization's defenses against fraud. Register now for our webinar on the Audit Committee's Role in Fraud Awareness, Detection, and Prevention.

Major Topics Covered:

• Audit Committees Role as Fraud Fighters
• Damages due to fraud
• What can an organization do?
• Ensure proper and appropriate policies and procedures
• Fraud management expectations
• Could you spot a fraud by sight?
• Frauds that should be reported directly to the board
• Understand Certain Laws
• Basic Fraud Principles
• What does everyone else do?
• Underlying Principles
• Fraud reports and Investigation tools
• After the Fraud
• Review the disclosures
• Fraud Risks
• Holy Relics

Overview

• Audit Committees role as fraud fighters

  6 mins
• Damages due to fraud

  17 mins
• What can an organization do?

  23 mins
• Fraud management expectations

  36 mins
• Frauds that should be reported directly to the board

  47 mins
• Basic fraud principles

  64 mins
• Tone at the top

  76 mins
• Investigation tools

  87 mins
• Fraud risks

  95 mins