Overview
Fraud plagues businesses at epidemic levels, and technology control failures are a major contributing factor. Using a case study approach, learn about the pervasiveness of fraud, the control failures that contribute to fraud, and how to mitigate fraud risk. A specific focus is the application of information technology controls. Examine numerous reported fraud cases and identify the general and application control failures that contributed to each fraud. By learning through these real-world case studies, you will be better positioned to reduce fraud risk.
Objectives
• Define information technology general controls and information technology application controls and distinguish between the two
• List examples of critical information technology controls
• Recognize control failures and weaknesses that can lead to fraud
• List recommendations for improving internal controls in an organization
