Program: Fraud Risk Assessment Workshop and CFFA Proctored Exam
Program Sponsor: Cendrowski Corporate Advisors
Focus:
Unlike other fraud training programs, the Fraud Risk Assessment Workshop will teach participants how to take a proactive role in fraud deterrence. You will be exposed to many different aspects of fraud, including computer fraud and security, common fraud schemes and techniques, forensic science, new techniques in internal accounting controls, and criminal and civil proceedings when fraud has been detected. You will also participate in a fraud investigation from its inception to the reporting of the act using real life examples.
Details:
What You Will Learn
This comprehensive, yet in-depth, program offers you a cutting-edge understanding of the fraud problem in the United States, the legal and financial elements of fraud, and a proven system to prevent, detect, and investigate potential fraud situations.
Daily Schedule Days 1 & 2
Day 1—The Foundation
• Background and statistics of fraud
• New developments in AICPA Professional Standards and Ethics
• Who commits fraud—the fraud triangle
• Three major categories of fraud
• Fraud deterrence and detection controls for employee fraud
• Data mining and digital frequency tool
Day 2—The Engagement
• Understanding the need for fraud prevention and detection services
• COSO for the small company
• The opportunity for fraud within an organization
• Scoping, delivery, and analysis of the engagement
• Validation of findings, reporting, and presentation to management
Daily Schedule Day 3 & 4
Day 3—Schemes and Interviewing Techniques
• Identity theft
• Implications of new legislation for business owners when ID information is stolen
• IT programs to deter fraud
• Interviewing techniques and exercises
Day 4—Fraud Prevention Fundamentals, Techniques, and Theory
• Moving from deterrence to investigation
• Finding, investigating, and documenting work for use in a legal environment
• Professional standards covering the performance of fraud services
• Standards of evidence
• Expert witness standards
Daily Schedule Day 5
Day 5—Case Studies in Fraud Deterrence and Investigation
• The case study will tie the previous fours days’ content into practical application
• Using the fraud deterrence and detection program to analyze a business’ vulnerabilities to fraud
• Recommending cost-effective systems of controls to help accomplish business objectives
Development & Instruction Team
NACVA and the Consultants’ Training Institute development and Instruction team bring a wealth of varied experience to the curriculum design and presentation of the course content. Representing a cross section of practitioners from a variety of business entities as well as academic perspectives from university and graduate program teaching environments, the 18 dedicated team members, under the direction of lead developer, Harry Cendrowski, CPA, CFE, CVA, ABV, CFFA, have synthesized in this workshop their insights and experience from such varied capacities as forensic accounting, damages consulting, internal fraud investigation, law enforcement, risk assessment, internal control systems design, fraud auditing, authoring and editing, interviewing and interrogation, expert witness, and Secret Service. The full range of fraud vulnerabilities is thus addressed—as well as deterrence and detection measures participants can put into practice immediately.
Who Should Attend
Because of the prevalence of fraud, this program is essential for professionals in a variety of capacities, particularly in corporate America: chief executive officers, financial officers, treasurers, controllers, financial analysts, internal auditors, and accountants. It will also be extremely beneficial for business owners, business valuators, fraud deterrence/investigation consultants, forensic accountants, litigation consultants, CPAs, insurance claims managers, and accounting and finance professors.
NASBA Sponsorship
IBA and NACVA are registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: http://www.nasba.org.
