Fraud will affect you in some manner; prepare for the inevitable. A study by the Association of Certified Fraud Examiners estimated fraud costs the world economy in excess of $3.5 trillion per year (the equivalent of $4,500 per employee). This same study estimated the course of normal audits discovers only about 11% of frauds compared to 19% discovered by accident. This session will examine various types of frauds and discuss ways to prevent, detect and investigate these activities.
Understand common fraud prevention techniques.
Types of fraud
Common fraud schemes
How to prevent fraud from happening to your organization
2.00 Accounting and Auditing
Field of Study:
CalCPA Education Foundation
Some auditing or financial management experience helpful.
This year, SCACPA celebrates 100 years of the accounting profession in the state of South Carolina. Check out our 100 Influential People in Accounting honored at the Centennial Gala on Nov. 11, 2015.
SCACPA member Erin Bergeson explains how obtaining the CPA credential helped advance her career while providing credibility in the business community.