Unique Fraud Challenges Facing Small Businesses
Friday, October 27, 2017 2:00 PM - 4:00 PM (EST)
The Association of Certified Fraud Examiners reported in 2012 that the median fraud loss for businesses with less than 100 employees is $147,000. As a result of limited resources to invest in the fight against fraud, small businesses are especially vulnerable to fraud perpetrated by both employees and third parties. Unfortunately, when a small business is the victim of fraud they often end up going out of business.
This webcast will discuss the unique challenges facing small businesses. It will include a review of innovative measures that small businesses can implement with relative ease to prevent fraud as well as a detailed discussion regarding lessons learned from actual fraud cases at small businesses.
- Identify the types of fraud risks facing small businesses.
- Recognize how to assess your company's overall risk of fraud.
- Review the types of internal controls that are most effective in preventing fraud within small businesses.
Who Should Attend
- Overview of fraud statistics related to small businesses
- The internal controls that small businesses can implement to generate the maximum return on investment
- Proactive measures that companies can implement to enhance the "perception of detection"
- 10 real world examples of fraud within small businesses and the lessons learned
CPAs responsible for preventing, detecting and investigating fraud.
No advance preparation required
Level of Knowledge
Group Internet Based
NASBA Field of Study