Conducting a Fraud Risk Assessment ​


CPE Credit: 2 hours

One question that every organization has to answer is “What can go wrong”. Specifically, what risks of fraud does our organization have? Are we at risk for product frauds, compliance frauds, accounting frauds, insurance frauds, cyber frauds, or other types of fraud?  How does an organization identify risk and determine their risk appetite?  What steps can management take to reduce the risk of fraud or to manage fraud risks? Not all risks can be eliminated so how do we mitigate the negative effects of those risks. How do we manage risks to reduce the consequences the company may face from those risks?


Topics Covered

• Organizational risks
• Types of fraud

Learning Objectives:

• Identify basic strategies for risk management