Many small to medium sized companies do not properly address the risk that arises which is related to fraud because these organizations do not have the resources needed to mitigate this risk or because owners or those in top level management underestimate the scope of the issue. All organizations, regardless of size, must be aware of the risks associated with intentional fraudulent acts and know that a significant and effective fraud scheme could even present going concern issues for some entities. In this session, we delve into the reasons that fraud take place. The material discusses the types of defalcations that are often executed against smaller entities and then explores measures that organizations can implement to help stop fraud activities and add security.
Once participants have completed this session they should be able to:
This session is taught via the use of case studies adapted from real world examples. These studies are designed to show participants some of the negative effects of the rampant fraud taking place in the business world today. These examples also highlight some of the methods available to help mitigate both internal and external fraud risk. The topics discussed in this session include:
Who Should Attend?
Accounting and other business professionals with a need to understand small business fraud
Area of Study:
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