Asset Misappropriation

Course Overview:

Asset misappropriation fraud happens when people who are entrusted to manage the assets of an organization steal from it. Misappropriation of company assets is the most common form of fraud and financial loss facing organizations today. As today business environment becomes increasingly more complex and global, the opportunity and likelihood of losing corporate assets to fraud increases dramatically. Asset misappropriation fraud schemes, even in the simplest of forms, can often be difficult to detect and unknowingly result in losses that add up to significant dollars.

Course Objectives:

To reveal several ways by which members of staff perpetrate frauds and work out control measures.

Course Outline:

• Check Tampering
•  Embezzlement
• Expense Reimbursement Fraud
•  Fraudulent Billing Scheme
• Inventory Theft
• Kickback Schemes
• Lapping Schemes
• Misuse of Company Assets
• Payroll Fraud
•  Skimming
• Vendor Data Analysis