Objectives
- Recognize the prevalence of fraud
- Understand the ways an organization may unintentionally cause fraud
- Identify the costs of fraud
- Comprehend how the new COSO framework for internal control focuses on fraud
- Grasp the importance of an internal control environment
- Recognize potential signs of fraudulent behavior
- Understand how people may respond differently to certain factors
- See that there are many layers involved in fraud defense
- Anticipate a new environment ripe for fraudulent claims and reports