Internal Control and Fraud Prevention

The Internal Control and Fraud Prevention Course will cover the following topics and more:

Understand Fraud

• Definition of fraud
• How fraud occurs
• The fraud triangle
• The true cost of fraud
• Impact of fraud to an organization

Importance of Internal Control

• Overview of internal controls
• How internal controls cups threats
• Why threats are increasing
• Internal control over financial reporting

Fraud Prevention and Detection

• Assessment of fraud risks
• Control environment
• Fraud risk management
• Internal control frame work

Internal control to prevent fraud

• How to design controls to detect fraud

Fraud Schemes

• Corruption scheme
• Misappropriation of assets
• Financial statement fraud
• Theft of cash
• Inventory and other asset fraud

Red flags of Fraud

• Opportunity red flag
• Personnel characteristic red flag
• Situational pressure red flags
• Red flags of retention to management fraud
• Common indications of possible fraudulent Activities

Course Booking

Please use the "Book Now" or "Inquire" buttons on this page to reserve your space or request for more information