Detecting and Preventing Employee Fraud: Common Fraud Schemes and Security Measures
More than half of all fraud is committed by insiders. This could be either intentionally, for personal gain, or unintentionally due to carelessness and weak security protocol. Join tax fraud expert Robert K. Minniti as he shares his experience in forensic accounting, fraud examinations, internal financial audits and more.
This on-demand bundle will cover some of the most common types of "insider" fraud, as well as some of the security measures to put in place. Save your company and your business clients from potentially losing millions of dollars.
With the 2020 pandemic many organizations have employees working from home for the first time. This creates additional cyber security risks for the employees and their organizations.
When small businesses commit tax fraud they are usually trying to hide revenue and expense personal items as business expenses. In this course we will review the various ways small businesses commit tax fraud. We will discuss the red flags that could be indicative of tax fraud. Current cases from the news will be presented for discussion.
This course is designed to review the issue of payroll frauds. Examples of actual frauds will be provided so participants can understand how the frauds are being committed and how they were uncovered. Information will be provided about payroll frauds committed by employees as well as payroll frauds committed by management and company owners. We will review various methodologies for detecting payroll fraud and will discuss developing internal controls to help prevent and detect payroll fraud.
This course will concentrate on employee fraud, specifically bid rigging. We will review the red flags for bid rigging. We will also discuss bid rigging by vendors without employee collusion. Real world examples will be provided for the participants to see how this is occurring in the business world. This course is designed for individuals who would like to refresh their understanding of bid rigging schemes and to learn how to recognize the red flags for detecting bid rigging in an organization. Understanding how employees and vendors commit fraud is the first step in preventing fraud.
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2025 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
The IRS has recently updated its guidelines for data and cyber security placing new responsibility for the security of taxpayer’s personal information on tax preparers. This course is designed for tax professionals who collect and store client’s personal information, who would like to obtain an understanding of data and cybersecurity. You have probably heard of some of the more common types of cyber crimes such as ransomware, spyware, computer viruses, phishing, vishing, spoofing, data breaches, denial of service attacks, hacking, etc.
This course is also designed to familiarize tax professionals who are not information technology (IT) experts on data breach and cybersecurity risks and internal controls. We will review the IRS recommendations for securing taxpayer information. We will cover the material in a plain language, nontechnical manner. We will cover what you need to know, but not how to write the computer programs or code.
This three CPE hour course explores many of the way’s employees can commit fraud, especially the types of fraud that use documents to skirt internal controls. We will consider embezzlement schemes, theft schemes (Cash, inventory, data, and fixed assets), and will examine how employees conceal these frauds. We will review the red flags for employee fraud. Real world examples will be provided for the participants to see how this is occurring in the business world. This course is designed for individuals who would like to refresh their understanding of employee fraud schemes and to learn how to recognize the red flags for detecting employee fraud. Understanding how employees commit fraud is the first step in preventing fraud.
Total: 6 courses (13 CPE hours)
