The Business of Fraud
duration - 2 hours
Fraud is not anticipated, potentially eroding cost savings. Cost savings, revenue enhancements and earning augmentations are common denominators for successful businesses. Operational efficiencies and resource allocations are a few of the elements associated with cost savings. However, fraud can potentially reduce any cost savings, revenues or earnings. Fraud is not accidental or inadvertent, but rather a deliberate act committed for personal gain. According to the Association of Certified Fraud Examiners (ACFE) 2012 annual report, 5% of an organizationís annual revenue is lost to fraudsters. This seminar will examine various types of occupational fraud in the higher education environment, fraud prevention techniques and the role of Information Systems. Topics will include:
- Fraud indicators
- Fraud prevention
- Organizational impact
After completing this seminar, you will be able to:
- Recognize signs of fraud
- Apply detection and prevention techniques
- Report suspected fraud
- Understand fraud responsibilities
Date(s) & Time(s)
Friday, August 29, 2014 10: a.m. - 12:00 p.m.
Instructor: Joseph Reed
Location: 220 Scovell Hall - Suite 2
To register and complete this course, please login to myUK. After logging in, choose the Training tab which is found as one of the options under the Employee Self-Service tab.