Auditing for Internal Fraud
Although external fraud is widespread in the banking industry, internal fraud from employees and insiders is also a major concern. This seminar provides internal auditors with a variety of methods for detecting and preventing internal fraud.
Companies with 100 or fewer employees are the most vulnerable to internal fraud. The medial loss per fraud incident is $200,000. Even though banking is a highly regulated and audited industry, banks are not exempt.
Fraud usually results from a combination of risk factors:
- Opportunity – increased when security over assets is lessened
- Pressure – increased by job-related or personal issues
- Attitude – affected by the tone set by top management or the pervasive culture of the organization
However, employees are not tempted if situations are well controlled. This seminar has been developed to provide bank internal auditors with a variety of methods for detecting and preventing internal fraud.
- What is the auditor’s role in detecting internal fraud?
- How to protect against internal fraud?
- Common weaknesses
- Think like a crook
- Typical schemes
- How to detect internal fraud?
- Auditing assets
- Auditing liabilities
- Auditing income & expenses
- Auditing off balance sheet items
Internal auditors and bank audit committee members.
Mark Harren, CPA is a partner in the Financial Institutions Services division of Pattillo, Brown, & Hill, L.L.P. in Waco Texas. He has over 30 years of experience in banking, financial services, and public accounting. While at PB&H, he has performed bank financial statement audits and consulted with bank’s on internal controls, regulatory compliance, loan reviews, BSA and ACH audits. He has conducted training on a variety of topics for both for state and national banks. His is a core faculty member, facilitator and developer of the Texas Bankers Association Internal Audit School.
Institute of Certified Bankers: Visit http://www.icbmembers.org/login.aspx for instructions regarding self-reporting. Estimated credits: 2.5 hours/session CRCM/CFSSP.
Member price: $265.00 | Non member price $530.00
Member price: $280.00 | Non member price $560.00
Online: Visit the CBA Webinar Catalog
Mail: Click here and mail completed form with check payable to ConferenceEdge to: (Mail at least 10 days prior to event)
1516 Xavier St., Ste 500, Denver, CO 80204
Phone: Call ConferenceEdge at (877) 988-7526 (credit card payments only)
- Preferred Payment Method: Online
- Please register online or by phone when paying with a credit card
- Payment Must Accompany Registration – Invoices are Not Provided
Register online up to day of event. Earlier registration allows time to check your computer for an optimal experience.