Common Frauds in Small Business

Overview:
This course is designed for individuals who would like to obtain a basic understanding of how fraud affects small businesses. We will discuss various types of frauds and how the criminals commit the frauds.
We will review some of the legal and ethical implications involved. Examples of real world cases will be provided to help develop and understanding of the risks involved. Participants will be introduced to the fraud triangle and occupational fraud with an emphasis on fraud in small businesses. We will review internal controls that can help to prevent and detect fraud in small businesses.

Why should you Attend: 
According to the Association of Certified Fraud Examiners businesses loose up to 7% of their revenues to fraud every year. The internal control that is most frequently missing when frauds are discovered is segregation of duties. Because of limited budgets, small businesses often cannot afford to hire extra employees to allow for proper segregation of duties therefore they can be especially susceptible to occupational frauds.

Areas Covered in the Session:
Recognizing how fraud affects small businesses
Review the methodologies for detecting fraud in small businesses
Designing internal controls to help prevent and detect fraud

Who Will Benefit:
Business Owners
Business Managers
CPAs, CFEs, CFFs
Auditors
Bookkeepers
Loan officers

Contact Detail:

Compliance4All DBA NetZealous,
Phone: +1–800–447–9407
Email: support@compliance4All.com
http://www.compliance4all.com/
Event Link : http://www.compliance4all.com/control/w_product/~product_id=500885LIVE
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