Kentucky Society of Certified Public Accountants

Overview

Our focus is to reduce the overall risk of fraud. To that end, this course focuses on what factors contribute to turning honest employees into schemers. Discussion will include integrity and ethics, as well as how people may react in certain situations. We also explore the darknet and cryptocurrency fraud.

Prerequisites

None

Objectives

Understand the prevalence of fraud
Realize how organizations may cause fraud without realizing it
Comprehend the cost of fraud
See how the new COSO Framework for Internal Control focuses on fraud
Understand that there are many layers in fraud defense

Highlights

Fraud's cost: ACFE's Report to the Nations; Ancillary costs
Current economy: Microeconomics; Analyses
COSO's Internal Control Framework: Principle #1 - Integrity/Ethics; Principle #8 - Fraud Risk Assessment
Power of morale: Shrink the fraud triangle; Motivation
Why good folks go bad: What studies indicate; Five interesting findings; Red flags

Register Now

Materials are generally available 3 days in advance of an event. Once you have downloaded the manual, we are unable to cancel your registration.

Event Code:

SUS0128

4 CPE Credits

Auditing: 4 Credits

Registration

Member Price:

$129

Non-member Price:

$159