According to the Association of Certified Fraud Examiners, financial statement fraud, combined with misappropriation of assets, costs businesses 5-6% of their top line each year! While some can debate the exact amount, no one can deny the extensive existence of fraud in the workplace. This course is not just about stories. It presents a multitude of methods by which financial statements are intentionally misstated and assets are misappropriated, and procedures that internal or external auditors or management can employ to detect and/or prevent them. This course is a great fit for auditors (public and internal) who work with the risk assessment standards in small businesses.
