Top Fraud Schemes

Top Fraud Schemes

Previous courses have outlined the concepts of fraud as defined by the Association of Certified Fraud Examiners (ACFE) within their fraud tree.  The tree delineates the three major categories of fraud as:

• Corruption

• Asset Misappropriation

• Financial Statement Fraud

Fraud impacts every person and every organization.  Regardless of size, structure, geography, or demographics, every organization is subject to fraud.  Many individuals refer to fraud "red flags." 

These are signs that indicate there is the potential for fraud to occur.  Red flags do not mean a fraud has occurred. 

There are many presentations on “top frauds”. Be cognizant of how the presenter is focusing the discussion. Top frauds could relate to various areas. Examples of top fraud schemes include: financial statement, revenue/disclosures/ presentation, cyber and internet/personal frauds, asset misappropriation, and corruption.

In this course, we review information on the top fraud schemes by focusing on the three categories as defined by the ACFE fraud tree.   We also evaluate the most common schemes by industry as outlined by the ACFE 2016 report to the Nations.

This course is brought to you by Illumeo. Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job. Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination. Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.

This course reviews information on the top fraud schemes by focusing on the three categories as defined by the ACFE.

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What you will learn

• Explore top fraud schemes per the Association of Certified Fraud Examiners (ACFE).
• Explore top corruption schemes.
• Explore top financial statement schemes.

Rating: 4.5

Level: Intermediate Level

Duration: 1 hour

Instructor: Illumeo Learning