• Classroom
Course Description

This course provides participants with an overview of fraud concepts, as well as a review of specific areas such as statutes and standards related to the recording, reporting, and prosecution of fraudulent activities, internal auditor responsibilities in the audit for fraud, and fraud detection and prevention techniques.

Also addressed during this course is the classification of frauds, investigation techniques, and fraud within information technology.

The course will incorporate several case analyses of frauds perpetrated by employees and how such frauds were identified and investigated. This course will also introduce and incorporate the basic concepts of forensic analysis as a means of further investigating fraudulent activities by organization personnel, third party providers, and contractors.

Learning Objectives

After completing this seminar, participants will be able to:

  • Provide organization decision-makers with information so that a business decision, consistent with policy and the entity's best interests, can be made regarding the identification and mitigation of fraud.
  • Define and explain the differences among several kinds of errors, frauds and illegal acts that might occur in an organization.
  • Increase individual fraud awareness within ongoing operations on how to minimize potential fraudulent activities from occurring.
  • Comprehend basic aspects of fraud detection.
  • Describe procedures for identifying potential fraud and/or fraudulent acts.
  • Understand the roles which people, physical environment, and observation play in the investigation of fraud.

Framework Connections

The materials within this course focus on the NICE Framework Task, Knowledge, and Skill statements identified within the indicated NICE Framework component(s):

Specialty Areas

  • Vulnerability Assessment and Management