Forensic Accounting: Fraud Investigation! (Course 2 of 4)

Name: Forensic Accounting: Fraud Investigation! (Course 2 of 4)
Rating: 4.5 (884 reviews)

Fraud Examination, Fraud Prevention, Fraud Detection, and Fraud Correction

Highest Rated

Created byStefan Ignatovski, Ph.D.

Last updated 2/2023

English

What you'll learn

Define Check Tampering
Analyze Forged Maker Frauds and Forged Endorsement Frauds
Analyze Altered Payee Frauds
Identify Concealment and Check Tampering
Define, identify, and analyze Payroll Frauds
Define, identify, and analyze Expense Reimbursement Frauds
Define, identify, and analyze Register Disbursement Frauds

Course content

6 sections • 26 lectures • 1h 27m total length

Introduction1:39

Check Tampering: Introduction1:45
Forged Maker Frauds8:29
Forged Endorsement Frauds4:55
Altered Payee Frauds4:46
Concealed Check and Authorized Maker Frauds4:22
Concealment of Check Tampering2:28
Fraudsters conceal cheque tampering by altering payees and records, intercepting checks, and altering bank statements during the bank reconciliation process to create duplicate payments.
Electronic Payment Tampering2:18
Recap: Case Study for Check Tampering2:36

Payroll Frauds: Introduction0:35
Ghost Employees12:15
Explore ghost employees who are added to payroll, falsify timekeeping, and cash fraudulent paychecks, often through authority abuse and forged approvals, with prevention through separation of duties.
Falsified Hours and Salary5:53
Examine how falsified hours and wage-rate changes drive payroll fraud via manual or computerized time cards, and learn prevention through separation of duties, supervisor checks, and detection strategies.
Commission Frauds3:00
Recap: Case Study for Payroll Frauds3:44

Expense Reimbursement Frauds: Introduction2:02
Mischaracterized Expense Reimbursements3:47
Overstated Expense Reimbursements3:03
Fictitious Expense Reimbursements and Multiple Reimbursements Frauds4:03
Recap: Case Study for Expense Reimbursement Frauds2:42
Highlight how fictitious expense reimbursement fraud arises when no receipts are provided and thresholds are exploited, and propose mandatory authorization and stricter receipt verification to prevent it.

Register Disbursements Frauds: Introduction1:09
Identify register disbursement fraud schemes, including false refunds and false voids, where fraudsters present bogus disbursements on the registry tape as legitimate to steal cash.
False Refunds2:38
False Voids1:50
Examine false voids as a form of fictitious refunds, where a receipt copy and a supervisor-approved void slip enable fraud through forged signatures or collusion.
Concealment of Register Disbursements Frauds2:29
Prevention and Detection of Register Disbursements Frauds1:28
Recap: Case Study for False Returns Frauds2:16

Requirements

The prerequisite for this course is enthusiasm, motivation, and desire to learn about Fraud Investigation.

Description

Learn how to Prevent, Detect, and Correct Fraud in your organization. Learn like you have never learned before!

This is the second course in the series of four courses. Even though it is a series of courses, you can take each one independently from each other. Try to complete all four courses as the topics are very interesting in each one. This course should help you if you are pursuing the Certified Fraud Examiner, or CFE certification.

This course is packed with bite-sized, animated, cartoon-like video lectures. Each video is no longer than 5 minutes. These videos do not only make it easy for you to learn and understand, but to also have fun learning. You can preview the course and some of the videos that were made available for review.

Each video lecture is followed by a short quiz, so you can assess your knowledge. At the end of each learning section, you will find a real-life case, that you will need to solve. The cases will be presented to you via video, and then there will be a proposed solution so that you can check your answer.

The topics covered in this course include:

Tampering with Checks
Payroll Frauds
Expense Reimbursement Frauds
Register Disbursements Frauds

Enroll and learn about this exciting topic! Enroll, and learn like you never learned before!

Who this course is for:

Anyone interested in such an exciting topic
Business Owners and Business Professionals and Management
Accountants, Auditors, CPAs

Forensic Accounting: Fraud Investigation! (Course 2 of 4)

What you'll learn

Explore related topics

Course content

Introduction1 lecture • 2min

Tampering with Checks8 lectures • 32min

Payroll Frauds5 lectures • 25min

Expense Reimbursement Frauds5 lectures • 16min

Register Disbursements Frauds6 lectures • 12min

Overview and Next Steps1 lecture • 1min

Requirements

Description

Who this course is for: