Common Frauds in Small Businesses (Completed)

Date: Wednesday, June 12, 2019
Instructor: Robert K Minniti
Begin Time:  9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time
CPE Credit:  2 hours for CPAs

This course is designed for individuals who would like to obtain a basic understanding of how fraud affects small businesses. We will discuss various types of frauds and how the criminals commit the frauds. We will review some of the legal and ethical implications involved. Examples of real world cases will be provided to help develop and understanding of the risks involved. Participants will be introduced to the fraud triangle and occupational fraud with an emphasis on fraud in small businesses. We will review internal controls that can help to prevent and detect fraud in small businesses.

Who Should Attend
Small business owners, employees in small businesses, CPAs, CFEs, auditors, bookkeepers, loan officers, and others working with small businesses.

Topics Covered

  • Basic understanding of how fraud affects small businesses
  • Discuss various types of frauds and how the criminals commit the frauds
  • Review some of the legal and ethical implications involved
  • Examples of real world cases
  • Introduction to the fraud triangle
  • Occupational fraud with an emphasis on fraud in small businesses
  • Review internal controls that can help to prevent and detect fraud in small businesses

Learning Objectives

  • Recognize how fraud affects small businesses
  • Review the methodologies for detecting fraud in small businesses
  • Design and implement internal controls to help prevent and detect fraud

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Accounting (1 hour), Auditing (1 hour)

Program Prerequisites
None

Advance Preparation
None

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