While there are innumerable ways to detect, prevent and investigate embezzlement, it is not always easy to organize a consistently effective anti-embezzlement strategy. This webinar will guide you through the common and not-so-common forms of embezzlement - with uniquely instructional case studies. It will emphasize the red flags of each and go on to highlight best practices in embezzlement risk mitigation.
Why Should You Attend:
This course will highlight several types of embezzlement, how it can be committed and by whom. It will enable participants to identify:- The step-by-step process for identifying embezzlement risks
- Fraud indicators
- Evidence to substantiate suspicions of actual embezzlement
- Methods to eliminate control weaknesses that allow these crimes to flourish
- The course will also instruct attendees on recommending a better anti-embezzlement management structure to prevent embezzlement and implement strong internal controls.
Areas Covered in the Webinar:
- Understand the common and less-common types of embezzlement - at both the employee and management levels
- Identify specific embezzlement scenarios and schemes threatening the organization
- Identify and audit for the red flags of the main types of embezzlement
- Pinpoint specific control deficiencies and eliminate them
- Recommend better anti-embezzlement management structure (board of directors/executive management, line management, compliance, general counsel, etc.)
- How to prevent embezzlement and implement strong internal controls
- Investigate transactions to indicate fraud or opportunities for fraud to be perpetrated
- Recent examples of embezzlement
Who Will Benefit:
- Internal and external audit professionals
- Senior audit and accounting managers
- Fraud examiners
- Senior financial management seeking to reduce their vulnerability to costly frauds
- Compliance and ethics managers
- CFOs/senior financial managers
- Security personnel
- Loss prevention managers
Course Provider
Peter Goldmann,
