Employee Fraud at Banks - 2 CPEs

Which industry has the most reported occupational fraud schemes? Banking!!!

Banking organizations are increasingly threatened by employee fraud. In fact, employee fraud represents the majority of all fraud threats to a banking organization.

Embezzlement, kickbacks, check fraud, financial statement fraud and vendor billing schemes are just a few of the countless economic crimes committed by employees and outsiders. And with the march of technology, new computer and Internet-driven schemes are being deployed by dishonest insiders all the time.

This webinar will provide attendees with a strong foundation of practical knowledge about how common frauds are committed, how to detect the red flags of these crimes and how to eliminate control deficiencies that provide opportunities for dishonest employees.

This timely, two hour CPE training event is designed for the internal auditor, compliance professional and others who wish to improve their tradecraft skills within fraud protection and detection.

Follow the below links for further detail information:
. Seminar Highlights
. Learning Objectives
. Key Issues on the Agenda
. Instructor

The retail cost of this 2 CPE seminar is $120.00 for the first attendee from a single organization. Discounts are available for more than one attendee from each organization: (2) $230.00 (3) $325.00 (4) $410.00 (5) $510.00.

To reserve your space, click here on "SIGN-UP NOW!". You have to complete the registration form and use the corresponding "Submit Registration Form and Move to Payment Options Page" button for filing the registration and moving to the payment page.

Each attendee will receive 2 CPE Hours (YB). A certificate of completion will be provided.

Program Level of Understanding: Basic
Prerequisites: None
Advance Preparation: None
Delivery Format: Group Internet Based
NASBA Field(s) of Study: Business Ethics
CPE Credits: 2, based on 50 minutes of instruction per hour

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Seminar Highlights

This webinar will provide attendees with a strong foundation of practical knowledge about how common frauds are committed, how to detect the red flags of these crimes and how to eliminate control deficiencies that provide opportunities for dishonest employees.

. Major fraud risk categories
. Best practices in conducting a fraud detection and prevention program
. Understanding a fraud risk assessment
. Value of a fraud detection and prevention program

Learning Objectives

. Understanding a banks fraud problems
. Insights into why bank employees commit fraud
. Essential fraud detection tools and techniques within the banking industry
. Best practices for developing and implementing anti-fraud internal controls
. Identify the red flags of fraud within a banking organization
. Detecting and investigating fraud
. Building an anti-fraud control environment.

Key Issues on the Agenda

. Introduction
. Statistical overview of the fraud problem
. Who commits fraud
. Why employees commit fraud (the fraud triangle)
. Lessons from fraudsters
. Common types of internal fraud today
. Red Flags of Fraud
. Conducting a fraud risk assessment and recognizing the red flags of internal fraud
. The fraud risk mitigation cycle
. Implementing an organization-wide system for detecting, preventing and investigating fraud
. Fraud detection
. How frauds are most often detected
. Additional general detection methods
. Data mining/analytics for fraud detection
. Examples of fraud audit techniques at work
. Anti-Fraud Controls
. Internal controls and other fraud prevention measures
. Who should manage anti-fraud activities
. Internal controls: dos and don'ts
. Best practices in anti-fraud controls
. General controls: Segregation of duties, delegation of authority, background investigation
. Specific operations-level controls
. Major fraud categories

Jim G. George - The Instructor

Jim G. George is an independent consultant to banks focusing on issues of fraud, AML, and identity.

He has over 30 years of experience as a consultant and advisor to major banks. He was an associate partner and principal at PriceWaterhouse-Coopers Consulting, IBM Consulting in Bank Risk and Compliance, and Andersen Consulting (now Accenture).

He was a senior vice president for operations for a Fortis-US division providing outsourcing services to the banking industry.

His work experiences include projects in fraud investigation, fraud prevention, identity issues, compliance, and AML (anti-money laundering). Jim's background also includes work in bank operations and payments strategy, reengineering, systems, and quality improvement. He assisted a Justice Department led Federal taskforce investigating a very large money laundering situation.

He has an M.B.A. from Purdue University, Krannert School of Management. This was after he received his B.S. in Mechanical Engineering also from Purdue University.

He has a very strong math background including graduate level computer science and statistical training. In addition he worked with Neural net, unusual behavior alerting and other artificial intelligence and decision support software.

He was also a Presidential Interchange Executive. He was competitively selected and served as a Federal executive during a one-year leave of absence. He worked in the Office of Management and Budget and at the Department of Housing and Urban Development in Washington D.C.

Tradecraft

Tradecraft, within the internal and external auditing communities, refers to the techniques, methods and technologies used in modern financial and internal auditing and generally, as part of the activity of creating assurance.

Honing client interaction skills can significantly improve the effectiveness of audit engagements.

This includes general topics or techniques (interviewing, for example), or the specific techniques of an organization (the particular form of performance improvement (Lean Six Sigma), for example).

Corporate Compliance Seminars (CCS) was created by experts who enjoy providing CPE training events. All our experts have years of experience in providing training courses, workshops and consulting on internal controls, internal auditing, information technology, cybersecurity and accounting related subjects. We have focused on SOX, COSO, PCAOB, COBIT, CMMI, GRC, GAAP, IFRS, AICPA, GAO, NAIC, ISO, and IIA Standards. We are your best source for continuing professional education (CPE).

Our programs, live in-person, webinar and on-demand, provide CPE for professionals with CPA, CGA, CIA, CFE, CISA, CMA and CA designations. CCS is focused on providing the best learning programs in using three distinct distribution channels: live in-person events, virtual webinar events and on-demand self-study e-learning.

Corporate Compliance Seminars presents CPE to a range of professionals, auditors, accountants, finance staff, compliance personnel, information technology (IT) professionals, Boards of Directors and Audit Committees. We examine the details of risk management, Sarbanes-Oxley Act compliance, Model Audit Rule (MAR) compliance, auditing, internal controls, cybersecurity and compliance, and fraud prevention and detection.

Within the U.S.A. marketplace, Corporate Compliance Seminars allows the attendee to earn NASBA CPE credit.

Our events focus on the details of the Sarbanes-Oxley Act of 2002 (SOX), Internal Controls over Financial Reporting (ICFR), Committee of Sponsoring Organizations of the Treadway Commission (COSO) Internal Control Frameworks, ISACA's Control Objectives over Information Technology (COBIT), Information Technology Infrastructure Library (ITIL), Open Compliance & Ethics Group's (OCEG) Governance, Risk & Compliance (GRC) methodology, PCAOB's Auditing Standard 5 (AS5), AICPA auditing standards, and NAIC regulatory model regulations and acts .

Our live in-person events are generally presented in a small classroom setting with two to five attendees. Over the last few weeks, we have come to the understand we need to provide distant e-learning events. We are now in the process of moving all our content to an online available status. We have created distant e-learning opportunities using both a virtual webinar event approach and on-demand e-learning self-study modules. These two e-learning approaches: webinars and on-demand self-study with extended web access to our content into the global continuing professional development (CPD) marketplace. In the webinar e-learning events we will limit the number of students to maximize the interaction between the live instructor and attendees. The on-demand self-study e-learning modules will be created and offered to meet the NASBA CPE credit requirements .

Our seminars provide CPE for the CPA, CFE, CIA, CISA, auditors and others with effective and engaging internal audit training courses.

Our instructors have had direct experience in the following industries: financial activities, bank, insurance, healthcare, construction, leisure and hospitality, professional and business services, mining and oil & gas extraction, manufacturing, educational, government agencies, transportation, software, technical, hi-tech and agricultural.

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