Fraud Risk Management (On-Demand - CPA PRO)
Overview
Effective fraud risk management requires an integrated approach ensuring the full spectrum of unique risks are addressed. This holistic approach brings together key principles and practices using the updated COSO fraud risk management framework.
Access expires 180 days from purchase date |
Course Description
Note: There is some overlap between this seminar and Fraud Happens – What to Do When You Suspect Fraud, which focuses on COSO Principle 4 and goes into much more detail about relevant investigate and legal tools and techniques to perform investigations.
Applicable for
Learning Objectives
- describe what fraud is and why it poses a risk to every organization
- identify potential indicators of fraud
- describe the five key elements of the COSO Fraud Risk Management Framework
- prepare a basic fraud risk assessment
Content
- Why we need to manage fraud risks
- COSO framework for fraud risk management
- Principle 1: Governance - creating an ethical environment: discussion about codes of conduct, fraud policies, hotlines, ethics training, employee declarations, and other practices
- Principle 2: Comprehensive fraud risk assessment: fraud indicators and red flags, and a series of fraud risk assessment cases
- Principle 3: Preventive and detective fraud control activities: a high-level overview of potential controls
- Principle 4: Fraud investigation protocol: high-level overview of how to properly react to fraud, investigation considerations, taking corrective action and fidelity insurance matters
- Principle 5: Fraud risk management monitoring: ongoing evaluation and timely communication, with an introduction to data analytics
Course Content Created: September 2022
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
David Elzinga, FCPA, FCA, IFAAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
- 7
- CPD Hours
- 1
- Ethics Hours
- 0
- AML Hours
- 10
- Credits
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.
Fraud Risk Management (On-Demand - CPA PRO)
- 7
- CPD Hours
- 1
- Ethics Hours
- 0
- AML Hours
- 10
- Credits
Overview
Effective fraud risk management requires an integrated approach ensuring the full spectrum of unique risks are addressed. This holistic approach brings together key principles and practices using the updated COSO fraud risk management framework.
Access expires 180 days from purchase date |
Course Description
Note: There is some overlap between this seminar and Fraud Happens – What to Do When You Suspect Fraud, which focuses on COSO Principle 4 and goes into much more detail about relevant investigate and legal tools and techniques to perform investigations.
Applicable for
Learning Objectives
- describe what fraud is and why it poses a risk to every organization
- identify potential indicators of fraud
- describe the five key elements of the COSO Fraud Risk Management Framework
- prepare a basic fraud risk assessment
Content
- Why we need to manage fraud risks
- COSO framework for fraud risk management
- Principle 1: Governance - creating an ethical environment: discussion about codes of conduct, fraud policies, hotlines, ethics training, employee declarations, and other practices
- Principle 2: Comprehensive fraud risk assessment: fraud indicators and red flags, and a series of fraud risk assessment cases
- Principle 3: Preventive and detective fraud control activities: a high-level overview of potential controls
- Principle 4: Fraud investigation protocol: high-level overview of how to properly react to fraud, investigation considerations, taking corrective action and fidelity insurance matters
- Principle 5: Fraud risk management monitoring: ongoing evaluation and timely communication, with an introduction to data analytics
Course Content Created: September 2022
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
David Elzinga, FCPA, FCA, IFAAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.