Objective
One of the findings from the survey by Certified Fraud Examiners (CFEs) based on the investigation of fraud cases between January 2016 and December 2017 included that organizations around the world would lose an estimated 5% of their annual revenues to fraud. An act of fraud typically involves not only the commission of the scheme itself but also efforts to conceal the misdeeds. Understanding the methods fraudsters use to cover their crimes can help organizations better design prevention mechanisms and detect the warning signs of fraud.
The course Fraud Part VII will help you understand the fraud perpetrator characteristics, how to identify fraud in an organization, what are the red flags, and how to identify them. You will learn to categorize the red flags, rank red flags per fraud triangle components and fraud tree, how to identify corruption red flags, and detect corruption fraud.
This interactive training course will ensure professionals and practitioners at all levels understand their roles and responsibilities, new developments, resources, and hallmarks of an effective compliance program. The course includes knowledge questions as users progress through the training and the final assessment test.
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What you will learn:
- Understand the fraud perpetrator characteristics
- Understand how to identify fraud in an organization
- Understand what are the red flags and how to identify them
- Learn to categorize the red flags
- Learn to rank red flags per fraud triangle components and fraud tree
- Learn how to identify corruption red flags and detect corruption fraud
- Learn how to identify financial statement fraud red flags and detect financial statement fraud