Fraud Update: Detecting & Preventing the Top 10 Fraud Schemes
Why do material frauds continue to succeed? One reason is that business owners, management, auditors and employees fail to recognize the red flags associated with financial statement and asset misappropriation frauds. In addition, the reporting and transaction processing systems do not have adequate controls to prevent or detect these schemes. Learn how major frauds are perpetrated (with real-world examples) and discover cost-effective controls that small and large organizations can implement to identify and prevent them.