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Fraud risk management

What is the difference between the types of e-learning activities?

  • A webinar is a live training activity which you must attend at the date and time indicated. You may access the training platform in your online file 7 days before the date of the webinar. We strongly recommend that you log in to the platform before the date of the webinar and follow the instructions in step 3 of your training path beforehand in order to test your computers’ configuration and prevent any connexion problems during your training activity.
  • Web conferences, web interviews, interactive training activities, webcasts and online training activities are recorded training activities. They can be accessed at all times after their availability date.

General objective

Effective fraud risk management requires an integrated approach. Too often, businesses implement some helpful practices, but overlook other principles that ensure the full spectrum of their unique risks is addressed. This holistic approach brings together key principles and practices using the 2016 updated COSO fraud risk management framework. Case discussions, sample codes of conduct, fraud policies, fraud risk checklists, numerous examples and other practical materials designed to help participants build a corporate culture and framework that prevents and detects fraudulent activity. 
 

 

Objectives

This training activity provides “real life” examples of fraud and examples based on instructor and participant experiences. It explains why we need to manage fraud. It then provides an integrated approach, describing the five key COSO principles of fraud risk management.

Topics

  • Why do we need to manage fraud risks
  • COSO framework for fraud risk management
  • Principle 1: Governance – creating an ethical environment: discussion about codes of conduct, fraud policies, hotlines, ethics training, employee declarations, and other practices 
  • Principle 2: Comprehensive fraud risk assessment: fraud indicators and red flags, and a series of fraud risk assessment cases
  • Principle 3: Preventive and detective fraud control activities: a high-level overview of potential controls
  • Principle 4: Fraud investigation protocol: high-level overview on how to properly react to fraud, investigation considerations, taking corrective action and fidelity insurance matters
  • Principle 5: Fraud risk management monitoring: ongoing evaluation and timely communication, with an introduction to data analytics

Target audience

This training activity will benefit members in industry who require knowledge of potential fraud indicators in their transaction streams, and how to develop an integrated approach for effective fraud risk management, and public practitioners who want to better identify indicators of potential fraud which can assist in the conduct of an effective audit.

Note

There is some overlap between this training activity and Fraud Happens – What to Do When you Suspect Fraud, which focuses on COSO Principle 4 and goes into much more detail about relevant investigate and legal tools and techniques to perform investigations.

Full description


No classroom training found.

Webcast


Session(s)
For all

Training season: 2020-2021
Session No.: 1725
Accessible from: 2021-02-12, 00:00 to 2021-08-31, 23:59
Instructor: Marc Yvan Tassé, CPA auditeur, CA
Duration: 7.00 h
Additional information:

Fee schedule

Session available

Unlimited places

  CPA member Non-member
À la carte $525.00 $675.00
CPA passport 525 PDC N/A
Multi-CPA passport 525 PDC N/A
Multi-user passport 525 PDC 675 PDC
CPA Promo 525 PDC N/A

Webinar


Session(s)
For all

Training season: 2020-2021
Session No.: 1628
Start date: 2021-02-12, 08:30
End date: 2021-02-12, 16:30
Duration: 7.00 h
Instructor: Marc Yvan Tassé, CPA auditeur, CA
Additional information: This webinar may be recorded and made available as a webcast. By registering, you agree to allow your name and discussions (audio/video/chats) to be recorded for educational purposes, without compensation or restriction.

Fee schedule

27 seats available

  CPA member Non-member
À la carte $525.00 $675.00
CPA passport 525 PDC N/A
Multi-CPA passport 525 PDC N/A
Multi-user passport 525 PDC 675 PDC
CPA Promo 525 PDC N/A

For all

Training season: 2020-2021
Session No.: 1890
Start date: 2021-05-05, 08:30
End date: 2021-05-05, 16:30
Duration: 7.00 h
Instructor: Marc Yvan Tassé, CPA auditeur, CA
Additional information: This webinar may be recorded and made available as a webcast. By registering, you agree to allow your name and discussions (audio/video/chats) to be recorded for educational purposes, without compensation or restriction.

Fee schedule

29 seats available

  CPA member Non-member
À la carte $525.00 $675.00
CPA passport 525 PDC N/A
Multi-CPA passport 525 PDC N/A
Multi-user passport 525 PDC 675 PDC
CPA Promo 525 PDC N/A

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