Fraud Case Studies: Schemes and Controls

Overview

Fraud is prevalent – especially since COVID-19 relief packages passed by legislatures around the world opened the till. The overwhelming majority of fraud cases are never publicized. This course builds the knowledge of why people commit fraud to dissect the schemes and discuss transactional controls to help stop fraud faster.

Highlights

• Recent fraud cases
• Common fraud schemes perpetrated by those within and outside victim organizations
• Consider the lessons learned
• Best practices to further our fraud prevention

Prerequisites

None

Designed For

CPAs in public practice and industry who wish to educate clients or colleagues further on how to better prevent fraud from occurring at the source – would-be fraudsters – as well as to seek means to improve anti-fraud controls.

Objectives

• Consider the ways perpetrators evade both soft and hard controls
• Identify teachable moments
• Look for the common red flags that ought to draw our attention to a potential fraud scheme