Page 35 - Verracy's 2019 Course Catalogue

Understanding Fraud, Investigating Internal Implementing a Fraud Awareness Training
Fraud, and Conducting Investigations Program

FR-103 32 FR-104 8

CPEs CPEs

As fraud awareness increases, so does the demand for preven- All organizations are subject to fraud risk. Association of
tion, detection, and investigation skills. This course will walk Certified Fraud Examiners (ACFE) studies show that an average
professionals through all the steps involved in a comprehensive of 5% of revenue is lost to internal fraud schemes within an
fraud program: prevention and detection; investigation, includ- organization. History has taught us that identifying and eval-
ing interviewing, interrogation, and working with authorities; uating fraud requires more than common sense; it requires
and report writing. Today, auditors and compliance professionals training and skills development. Creating fraud awareness and
are becoming more involved not only in preventing and detecting teaching employees to recognize potential fraud risks can
fraud, but also in full-scale fraud investigations. Historically, these reduce the potential financial, reputational, and organization-
are not skills that auditors and compliance professionals have al risks associated with fraud. The ability of an organization to
learned or have been trained to do—this course will teach the prevent and detect fraud begins with fraud awareness—how it
fundamentals of fraud. occurs, the characteristics of a fraudster, and what to do when
fraud is suspected.
This interactive course will be taught through a combination of
lecture, group exercises, and class participation. This class will help individuals learn and develop the skills nec-
essary to help drive, implement, and execute an effective Fraud
Awareness Training Program in their organization as part of an
overall Fraud Prevention Program through the use of case
studies, best practices, and group exercises.

What You Will Learn: What You Will Learn:
• Learn fraud fundamentals – Fraud triangle, fraud tree • Understanding the Fraud Triangle
• Fraudster characteristics • Understanding fraud fundamentals
• Fraud Risk Assessment basics • Characteristics of fraudsters
• Identifying fraud in an organization • Knowledge of prevention and detection programs for
• Learning how to effectively conduct investigations fraud
• Understanding the fundamentals of interviewing and • Understanding the importance of ethics, compliance and
• interrogating Tone at the Top
• Learning how to protect information for legal action • How to identify the red flags of fraud
• Learning how to prepare fraud examination reports • How to implement a fraud awareness program

Group Live | 4 Days | Intermediate | Auditing Group Live | 1 Day | Intermediate | Special Knowledge
Who Should Attend: Internal Audit, Accounting & Operations Staff Who Should Attend: Internal Audit, Accounting & Operations
& Management Staff & Management
Prerequisites: Auditors with at least 2 years experience Prerequisites: Working knowledge of accounting and fraud
basics

+1 (877) 332-8708 | verracy.com/training