Understanding & Investigating Management Fraud - McHard Firm - Part 2

According to the ACFE Report to the Nations, Canada Edition, members of management were found to be responsible in nearly 20% of the cases reported, with median losses of $200,000 (US) for financial statement frauds. But management is at the top of the organization, so how do you discover, investigate and prevent fraud perpetrated by members of management? This session will use actual cases and stories to illustrate this subject area. - Part 2

1. Illustrate red flags of management fraud

2. Demonstrate psychological traits observed in management fraudsters

3. Explain common management fraud schemes

4. Discuss methods of interviewing suspected members of management

5. Describe methods to investigate those in positions of power within the organization who are suspects.