WR008223: Internal & External Fraud—Understanding It & Working to Control It
All organizations, regardless of size, must be aware of the risks associated with intentional fraudulent acts. Fraud activities can be executed from within an organization, by parties outside an entity, or by both. One of the primary ways to thwart fraud is to understand how and why it occurs. In this session, we delve into the reasons that both internal and external intentional defalcations take place. The material discusses how difficult it can be to see some of the motives driving those that undertake fraud. We then discuss measures that organizations can implement to help stop fraud activities and add security to the entire enterprise.
Event Level: Intermediate
Required Knowledge: A basic understanding of Internal Control concepts
Advanced Preparation: None
Who Should Attend: Accounting and other business professionals with a need to understand ways to thwart fraud
Vendor: Taymes, LLC
Speaker: Karl Egnatoff
- Once participants have completed this session, they should be able to * List reasons that employees and others who are internal to an organization choose to undertake fraudulent acts * Explain the factors that make an organization attractive to those considering an external fraud attempt * Discuss the types of control measures that work best as entities strive to mitigate fraud risk * Understand specific internal-control measures that can help to reduce fraud activities * Explain how anti-fraud measures add security to all segments and aspects of a business organization
Date Presented:
June 22, 2023 8:30 AM Eastern
Length:
7 hours, 30 minutes
Member Price:
$260.00
Non-Member:
$360.00
Accounting: 8.00