Fraud continues to plague businesses at epidemic levels, and internal control weaknesses and failures contribute to fraud’s large presence in organizations today. In this session, you will learn about the pervasiveness of fraud, the control failures that contribute to fraud, and what you can do to mitigate fraud risk. Using a case study approach, you will learn using real-world examples of recent scams and identify the control weaknesses and failures that contributed to each crime.

The design and application of information technology general controls (ITGCs) and information technology application controls (ITACs) is a specific focus of this session. With strong IT controls in place, your business can reduce the risk of fraud substantially. Further, you can use IT-based controls to help overcome other control issues that your organization might face.

Participate in this session to learn how you can reduce the risk of fraud in your organization – the survival of the business might depend on it!

Major topics include:

• Detailed examination of many of the widely reported frauds of the past decade
• Examples of control failures and weaknesses that lead to fraud
• Identify critical information technology general controls and application controls that should be in place to deter and prevent fraud