Page 38 - Verracy's 2019 Course Catalogue

Fraud & Forensic Accounting

Forensic Document Evaluation and Fraud Corporate Fraud and Lessons Learned
Detection

FR-109 16 FR-110 16

CPEs CPEs

All organizations are subject to fraud risk. Altered documenta- Corporate fraud and scandal go back as far as the existence
tion has become a significant risk as fraudsters leverage advanc- of organizations. This class will take you through the parallel
es in technology to create or change documentation to commit histories of corporations and corporate frauds, taking an in-
fraud. One of the best fraud deterrents an organization can depth look at the biggest corporate frauds in history and the
implement is a fraud detection program. When employees, resulting changes to the regulatory and the legal environment.
customers, and vendors all know you are actively looking for The sometimes shocking, sometimes appalling, and occasionally
fraud, it greatly reduces the potential for anyone to try to commit hilarious stories of America’s most known, some little known,
fraud. And creating fraud detection programs will help an and several forgotten corporate fraud cases will provide you
organization reduce the financial, reputational, and business with insights on how these frauds occurred and how they could
risks associated with fraud. have been prevented. The course will walk you through the
fraud cases, the characters involved, and how these cases have
Organizations need to make committing fraud as unattractive as helped shape not only the American business environment, but
possible. Ignoring fraud risks can undermine the reputation, the global environment as well. This course will provide the
integrity, and professionalism of the organization and per- basics of fraud using fascinating and entertaining real-world
cep-tions about the quality of the services it provides, leading case studies, including some of the instructor’s personal large-
to a loss in public confidence. While total elimination of fraud scale fraud cases.
is unlikely to be achieved, it is important for momentum to be
maintained and good practices to be developed and shared. The This course is interactive, and the fundamentals will be taught
course will use best practices and will demonstrate how organiza- through a combination of lecture, group and individual exer-
tions can tackle external and internal fraud risks regarding cises, and class participation.
altered and fabricated documentation.

What You Will Learn: What You Will Learn:
• Learning to identify fraudulent and altered documents • Understand fraud fundamentals
• Learning how to authenticate documents • Understand the Fraud Triangle and the behavioral aspects
• Understanding what metadata is and how to use it to uncov- underlying the triangle
er fraud • Understand the basic characteristics of a fraudster
• Identifying the various ways to research and validate informa- • Commonly found fraud schemes and scenarios
tion • Review changes to the American regulatory environment
• Understanding Fraud Risk Assessments and how they can because of corporate fraud
identify areas of greatest susceptibility for fraud • How to detect and prevent such frauds in your
• Learning fraud prevention and deterrence methods to reduce organization
fraud risks

Group Live | 2 Days | Intermediate | Auditing Group Live | 2 Days | Intermediate | Auditing
Who Should Attend: Internal Audit and Accounting Staff & Man- Who Should Attend: Internal Audit, Fraud Auditors, Accounting
agement and Investigator Staff & Management
Prerequisites: Working knowledge of audit and fraud basics Prerequisites: Auditors with at least 2 years experience