This comprehensive and in-depth program offers you a cutting-edge understanding of fraud risk management and provides practical techniques to reduce these risks within entities of any size including: closely held companies, publicly held companies, not-for-profits, governmental, NGO, financial, regulatory and others. After completing the session, participants will be able to:

• Describe the elements of fraud, both civil and criminal
• Evaluate an organization, including governance, ethics and the extent risk management that is being used to deter fraud
• Identify fraud schemes, their red flags, systems, and detection techniques
• Apply a comprehensive fraud risk assessment methodology using useful techniques that make the process more robust
• Evaluate fraud risk and report back to management with recommendations to mitigate specific types of risk

Day One of the course focuses on deterrence (fraud risk assessment and other programs) and detection. This session will focus on identifying comprehensive programs and controls aimed to reduce the risk of fraud. There will also be considerable time focused on educating attendees on how to conduct a fraud risk assessment. After completing the session, participants will be able to:

• Assess the need for fraud risk management
• Classify the types of persons most likely to commit fraud and their motivations
• Evaluate the need to manage fraud risk from in and outside the business
• Distinguish the difference between recommended and required Fraud risk management:
• Differentiate the roles and responsibilities for detecting, deterring, and investigating fraud for management, auditors, fraud examiners, audit committee, and more
• Identify Internal controls, frameworks & COSO's

Day Two provides an overview of fraud risk management. Focus will include identifying a variety of fraud schemes and scenarios with numerous industries. Content will be centered on understanding risk factors to fraud mitigation and how those factors can vary depending on the nature of the business (banking, manufacturing, REITs, etc). Upon completion the attendee will be able to:

• Identify the elements of a comprehensive Fraud Risk Management Program
• Integrate Red Flags and symptoms detection of Fraud Schemes
• Apply basic understanding of fraud detection & deterrence tools: IDEA, ACL, Excel, FA/IM
• Demonstrate working knowledge and applicability of data mining tools to fraud prevention

Day Three focuses on conducting a fraud risk assessment and identifying anti-fraud programs, reports, and control recommended for all types of organizations including organizational controls (control environment, policies and procedures) and functional level controls (control activities, IT controls, SOD). Utilizing discussions from Days 1 and 2, there will also be an in-depth examination of brainstorming methodology which is the foundation for fraud risk assessments. Upon completion the attendee will be able to:

• Prepare Fraud Risk Analysis reports and presentations for management
• Identify, screen, and prep participants in a Fraud Risk Management Program
• Facilitate an effectual "brainstorming session"
• Rank the levels of risk applicable to a business organization using continual reassessment protocols, cost/benefit analysis, and other methodologies
• Validate risk exposures and develop remediation responses to Fraud Risk

Day Four consists of examining the structure of the FRA report and presenting findings meaningfully to management. This will include the examination of a fraud risk heat map, which shows the inherent/residual risk for fraud present within the organization. The importance of interviewing skills with emphasis on how to structure questions and detecting deceptive behavior. Upon completion the attendee will be able to:

• Conduct a Fraud Risk Assessment
• Compile and present an FRA report of findings to management
• Formulate effective questions for an FRA
• Solicit involvement/responses from required personnel
• Examine verbal/non-verbal behavior with focus on identifying deceptive responses

Day Five of the course will examine real world case study from various business fields that will tie the previous four days' content into practical application. Upon completion the attendee will be able to:

• Use the fraud deterrence and detection program to analyze a business' vulnerabilities to fraud and conduct a fraud risk assessment
• Identify residual risk of fraud
• Understand cost-effective systems of controls and how they help accomplish business objectives

The Fraud Risk Management Development and Instruction team is comprised of Mike Breon, CPA, CFE, CIA, Pertolance LLC; Brieh Guevara, AlixPartners LLC; Cheryl B. Hyder, CPA, CFE, CVA, Hyder Consulting Group; Joseph Petrucelli, CPA, CVA, FCPA, CFF, CFFA, PP&D, Accounting Services Inc; and Paul Zikmund, MAcc, MBA, CFE, CFFA, Tyco International.

This course is extremely beneficial for business owners, business valuators, fraud deterrence/investigation consultants, forensic accountants, litigation consultants, CPAs, insurance claims managers, and accounting and finance professors. Also, because of the prevalence of fraud, this program is essential for professionals in a variety of capacities in corporate America such as chief executive officers, financial officers, treasurers, controllers, financial analysts, internal auditors, and accountants.

September 19-24	Philadelphia, PA
November 28-December 3	Phoenix, AZ

Click here for a list of hotel locations, room rates and reservation information.

2011 Package Pricing
(Before early registration discounts.)...........Non-Member.............Member
Individual Days..............................................$550.........................$495
Five Days of Training......................................$2,750......................$2,475
CFFA Certification Exam..................................$295.........................$395
First-Year NACVA Membership
with Training and Exam...................................$300

For more information regarding refund, complaint, and/or program cancellation policies, please call our director of Member Services: (800) 677-2009.

Delivery Method	Group-Live
Program Level	Intermediate
Advanced Preparation	None
Prerequisites	Previous training or research on subject matter being taught for CFFA Credential Criteria.
Fields of Study	Specialized Knowledge and Applications	40
Total CPE Hours		40

For more information regarding CPE, Program Levels and Fields of Study please click here.

NACVA/CTI is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: http://www.nasba.org/