Fraud in Today's Workplace: What Accountants Need to Know

In an increasingly digital world, understanding fraud has become more critical than ever for accounting professionals. This comprehensive course examines the evolving landscape of occupational fraud through multiple lenses, including the latest findings from the recent Association of Certified Fraud Examiners (ACFE) Report to the Nations, and detailed analysis of recent high-profile fraud cases. We’ll explore the three major categories of occupational fraud – financial statement fraud, asset misappropriation, and corruption – while examining real-world examples that have made headlines in recent years. The course delves into the Fraud Triangle concept (Pressure, Opportunity, and Rationalization) and demonstrates how proper segregation of duties serves as a crucial preventive control. We’ll analyze how various organizations and individuals become targets of fraudulent schemes in today’s complex business environment, incorporating discussions on cybersecurity threats and emerging technological risks.

Don’t miss this opportunity to enhance your fraud detection and prevention skills while gaining valuable insights into the latest trends and protective measures. This course will equip you with practical tools and knowledge to safeguard your organization’s assets, strengthen internal controls, and promote ethical business practices in an increasingly vulnerable digital landscape. Register now to join other professionals in understanding how to better protect your organization from fraud in 2025 and beyond.

Who Should Attend
Essential for all financial professionals who want to protect their organization from fraud and strengthen their fraud detection skills in today’s high-risk environment.

Topics Covered

• Occupational Fraud Categories and Modern Ethics in Practice
• Organizational Fraud Risks and Cybersecurity Vulnerabilities
• Detecting Fraudulent Behavior in Digital and Traditional Environments
• Technology’s Role in Fraud Prevention and Professional Responsibility

Learning Objectives

• Classify and describe the major categories of occupational fraud while understanding their relationship to ethical decision-making and professional responsibility
• Compare and contrast organizational vulnerabilities through analysis of current fraud trends, cybersecurity threats, and privacy concerns
• Recognize and describe specific fraud risks across different industries, company types, and digital environments
• Evaluate fraud detection methods and determine effective risk mitigation strategies incorporating modern technology and ethical frameworks
• Design and implement effective segregation of duties controls across authorization, custody, recording, and reconciliation functions to prevent and detect fraudulent activities

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Accounting (2 hours)

Program Prerequisites
None

Advance Preparation
None