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Introduction To Fraud Risk Management




 Introduction To Fraud Risk Management
CPE Credit

Program Type: Recorded Webinar (Audio, PPT Presentation)
Program Level: Intermediate
Prerequisites: Previous training or research on subject matter being taught for MAFF credential criteria.
Advanced Preparation: None
Delivery Method: Group Internet-Based
CPE Credits: Three (3) Hours
Fields of Study: Auditing
Item Number: 17PFF0207B
Shipping Weight: 0lbs. 0oz.
Price: $140.00
Fraud is pervasive, ever-present, and evolving, but so are the solutions to curb and prevent it. Recognizing the changes that are occurring in the world of fraud and knowing how to effectively analyze and apply that knowledge can make or break a fraud risk management program.

These Fraud Risk Management Webinars offer a comprehensive understanding of fraud risk management, from identification of an organization’s fraud risk to provision of practical tools to address them. The solutions offered are applicable to entities of any size and structure, from small privately owned companies to multi-national publicly held organizations, as well as not-for-profit and governmental/regulatory enterprises. Through these Webinars, individuals will develop an in-depth understanding of an organization’s risk of financial loss and insight to practical solutions that will enable their organizations to manage these risks effectively and according to their risk appetites.

These Webinars provide a review of the current business environment, where fraud risk and profit opportunities collide. It provides a look into on- and off-book fraud schemes, including signs and symptoms of potential fraudulent events requiring a response, and an additional look at the controls that can be implemented to mitigate some of these risks. The Webinars provide individuals with hands-on application of fraud risk assessment methodologies and techniques.

Program Description

This webinar is an introduction to internal controls and fraud risk management. Attendees will learn about Enterprise Risk Management (ERM), and will explore the process of fraud risk management, including fraud deterrence, fraud detection, and fraud response activities. We will conclude with an introduction to internal controls and their effectiveness in the real world.

- Tools that can positively impact fraud risk management efforts within companies
- Enterprise Risk Management (ERM)
- Fraud risk management, include fraud deterrence, fraud detection, and fraud response
- Five parts of internal control, and the effectiveness of various internal controls

Learning Objectives

After completing this webinar, attendees will be able to:

- Define fraud risk management and explore tools that can aid risk management
- List the eight components of enterprise risk management
- Identify the three main categories of activities in the fraud frisk management process and illustrate the process for each
- Compare the effectiveness of various internal controls

Who Should Attend

Those who wish to protect their business or their clients’ businesses from existing or potential fraud

Presenter(s)

Tracy Coenen, CPA, CFF
Ms. Tracy Coenen is a forensic accountant and fraud investigator with Sequence, Inc., in Milwaukee and Chicago, investigating embezzlement, financial statement fraud, securities fraud, Ponzi schemes, divorce, white-collar criminal defense, insurance fraud, and civil litigation matters. Her credentials include an honors bachelor of arts in criminology and law studies and a master of business administration, both from Marquette University. She is a Certified Public Accountant and is Certified in Financial Forensics.

Ms. Coenen has written more than 100 articles on fraud and forensic accounting, and is the author of three books including Lifestyle Analysis in Divorce Cases: Investigating Spending and Finding Hidden Income and Assets, Expert Fraud Investigation: A Step-by-Step Guide, and Essentials of Corporate Fraud. She is also the lead author for the AICPA’s publication The CPA’s Handbook of Fraud and Commercial Crime Prevention.