According to the Association of Certified Fraud Examiners annual report, nearly half of all small businesses experience fraud at some point in their business lifecycle. Worse, some fraud is committed by a "loyal" employee.
In this course we will define what is fraud, how to identify fraud schemes, typical frauds, contract fraud, e-commerce fraud, false invoicing plus review actual fraud cases and learn fraud indicators.
Below are examples of four different kinds of fraud we will discuss.
In this information rich seminar we will discuss integrity, ethics, code of conduct, principles of professional practice. Standard of professional conduct internal controls, how to establish internal controls and the government contracting process. Others areas including but not limited to; Contract fraud, Common fraud schemes, health care fraud, governmental fraud, employment fraud, operational fraud plus action required, criminal and civil penalties.
We will have group fraud cases assigned for presentation by the group including what should have been done to avoid the fraud.
Why should you attend?
Fraud refers to illegal acts that intentionally divest the funds of a company through deception or scams. Industry professionals estimate that businesses lose approximately 5% to 6% of their revenues due to fraudulent transactions each year. The average fraud takes approximately 18 months to discover!
If unchecked or not discovered these losses tend to quickly escalate, decreasing profitability, eroding shareholder confidence, causing brand damage, bringing negative press, and increasing regulatory scrutiny (often leading to fines, sanctions and penalties).
This information rich seminar teaches participants techniques and approaches to address business fraud. This webinar will enhance your knowledge of your job by helping you understand the elements / types of fraud. Fraud prevention controls are a key part of any organization's continued growth, performance and success.
With fraud at an all-time high, a well-designed internal control structure will enhances operations by improving your department's over security, effective and effectiveness. As all business managers, officers, owners and employees know without an effective system, the organization may be open to fraudulent transactions, theft, hefty fines, penalties, fines stricter government laws and rules.
US companies alone, lose approximately 6% to 8% of their Gross Revenue to fraudulent transactions each year.
Last year’s Fraudulent Transactions percentages:
This world of globalization is requiring businesses to become more competitive. Fewer resources wasted, resources mobilized, setting directions and taking action.
Areas Covered in the Session:
Who will benefit:
*Group Fraud Cases Assigned for Presentation by Group:
(Groups will be assigned Fraud Cases, which they will have to review, present the type of fraud, how it was committed, costs and remedy, including internal control weakness:)
*Group Discussions Presentation Begin Reviews and Individual assignments
Owner and President, Sanders and Sullivan Consulting
David is considered one of the worlds leading experts in accounting, finance, accounts payable, accounts receivable, budgeting, collections, cost accounting, personal finance, personal income taxes, business taxes, business set up, sales & use taxes. internal controls, inventory management, cycle counting, record keeping and vendor, supplier management. He has continuous requests to train employees and to hold public seminars. He has conducted approximately 10,000 training sessions, including public seminars, on-sites, company training, chamber of commerce's, colleges, videos, CD's and webinars worldwide.
David is called upon nationally and internationally for his SOX training abilities and to perform, walk through interim testing for core financial processes such as internal controls, fraud detection, internal controls, financial reporting, revenue, inventory, and expenditure testing.
The author of four acclaimed books and over 25 seminar workbooks and numerous webinars,
David has a talent for breaking things down into easy to understand steps that can be implemented immediately. David was an Endorsed Local Provider for the Dave Ramsey Show covering the greater Cincinnati and Northern KY area.
David has a wealth of experience to share that is supported by impeccable financial credentials including over 37 years experience in the financial industry. He holds numerous degrees including Accounting, Business Administration and Finance. His experience has included Accounting Manager, Corporate Controller, CFO, Government Tax Auditor, Business Consultant, and senior partner for various Accounting/ Tax/ Auditing firms nationally.
Location: SFO, CA Date: August 18th & 19th, 2016 Time: 9:00 AM to 6:00 PM
Venue: DoubleTree by Hilton Hotel San Francisco Airport
Address: 835 Airport Blvd, Burlingame, CA 94010, USA
Price: $895.00 (Seminar fee for One Delegate)
Register now and save $200.
Until July 10, Early Bird Price: $895.00 from July 11 to August 16, Regular Price: $1,095.00
NetZealous DBA as TrainHR
Phone: 1- 800-385-1627
Registration Link - https://www.trainhr.com/control/hr-seminar/~product_id=100083SEMINAR
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