Fraud in Governments and the Importance of Internal Controls

Gain insights into the early warning signs of fraud in the government environment and learn what you can do to recognize and take appropriate actions to protect yourself and the entity.  This course will take a look at Rita Crundwell and the City of Dixon, Illinois as well as Nathan Meuller at ING as well as other examples of fraudulent activity to examine what actions and controls would have prevented, stopped, slowed, or minimized damages.  

LEARNING OBJECTIVES: 

- What GAGAS requires auditors to report
- Internal controls vs reporting
- Compliance and related matters
- Newest schemes
- External threats
- How fraud is actually discovered
- Key data points for finding the red flags

PROGRAM LEVEL: Basic
PREREQUISITES: No prerequisites exist, but it is recommended that the person taking this course be familiar with the concepts of fraud and internal controls.
PREPARATION: No preparation is needed, but it is recommended that the person taking this course be familiar with the concepts of fraud and internal controls.