Corruption, occupational and financial statement fraud are scourges to companies that cause billions of revenue to be lost every single year. But how can mainstream fraud prevention methods be tested and how can auditors develop a robust mindset? Chris Mines is joined by Tim Leech, certified FCPA and the founder and managing director of Risk Oversight Solutions. They discuss the ongoing risks to businesses and the need for auditors and regulatory bodies to develop new detection procedures.
Some of the topics discussed in this course include:
• An overview of occupational fraud and asset misappropriation schemes
• The need for greater clarity between senior management and C-Suite executives
• Weak first-line and non-objective supply-driven risk governance
• Strong first-line and objective-centric demand-driven risk governance
• How to develop clear objectives and more!
Field of Study: Auditing
schedule1.5 hours on-demand content
signal_cellular_altBeginner level
task_altNo preparation required
calendar_todayPublished At Jan 18, 2023
workspace_premiumCertificate of completion
calendar_todayUpdated At Aug 8, 2024