This session will discuss the key issues relating to fraud that accountants professional, including auditors, should consider.
Using real life examples, we will discuss certain “high risk” areas that accounting professional should consider as well as appropriate responses to identified fraud risks. In addition, we will review the results of the latest Association of Certified Fraud Examiners (ACFE) Report to the Nations on Occupational Fraud and Abuse: 2016 Global Fraud Study.
Participants will gain a working knowledge of the fraud risk triangle, as well as a review of current professional requirements related to fraud. This session will also discuss ways that accountants can assist the entities they work with regarding prevention, deterrence, and detection of fraud.