Fundamentals of Fraud

Fraud is a constant in our lives and must be recognized and eliminated wherever possible.In business, non profit, and business environments it is the responsibility of everyone within an organization to be able to identify fraud. If we do not perform due diligence in this area fraudulent activity can destroy the organization.

• Define fraud and identify its basic elements
• Explain when and how fraud occurs
• List the various types of fraud, including
• Employee fraud
• Management fraud
• Vendor fraud
• Customer fraud
• Investment scams
• Other frauds
• Identify the most common fraud schemes, including
• Asset misappropriation schemes
• Fraudulent financial reporting schemes
• Prevent and detect common fraud schemes, including:
• Recognizing the incentives, opportunities, and attitudes that contribute to fraud
• Using the fraud prevention checklist
• Identifying techniques for detecting and preventing fraud in small businesses

In this webinar, you’ll learn about the common types of fraud perpetrated against organizations and how to implement processes, procedures, and controls that mitigate your risk. You’ll learn about a number of different fraud schemes, focusing on fraud committed against small businesses.

• Anyone in a position of responsibility for assets
• CFO
• Finance Controller
• CHRO
• HR staff
• Accounting staff
• Department Managers
• Business owners

Candace Curry Leuck is owner of Athena Finance Group, Inc. specializing in strategic planning, distressed entity recovery, valuations, and educational programs. Athena's mission is to pursue and communicate the information clients need. This is accomplished through a cooperative working relationship. Based on solid strategy, the outcome is an expansion of the opportunities of those served. Candace was associated with Ernst & Young in the tax and then auditing area, serving small, midsized and SEC clients during her tenure. She gained significant experience with various industries including manufacturers, automobile dealerships and securities brokers. Upon leaving Ernst & Young, Candace pursued and obtained her Masters of Professional Accountancy from Clemson University and proceeded to her career in the educational arena, teaching at Clemson University, Furman University, and the University of North Carolina at Greensboro. She returned to Clemson in the Fall of 2006 and remained through Spring of 2012. In addition to undergraduate and graduate education, Candace has developed and taught various continuing education courses in both live format and through webcast technology.