FRAUD Seminar

Tuesday December 2, 2008
8:30 - 4:30

Hilton St. Petersburg Carillon Park
950 Lake Carillon Drive, Saint Petersburg, Florida (Map)

Increasing Auditor Effectiveness in Recognizing & Detecting Fraud

Internal auditors and public accountants are under fire. Some doubt their ability or willingness to detect fraud. There seems to be an increasing expectation that internal auditors detect fraud in routine audits. Yet most auditors get very little fraud training. Standards for auditors, including those issued by the IIA, AICPA, and government, call for auditors to be knowledgeable about fraud exposures and symptoms of fraud in areas audited.

RSVP On-line - When attending under the pre-paid plan, please RSVP with the specific attendees each time.

Price* - $160 members of IIA, ISACA or IMA, $185 non-members

* - for non IIA Package holders

This training qualifies for 8 hours of CPE credit.

Increasing Auditor Effectiveness in Recognizing & Detecting Fraud provides specific approaches and steps to help auditors in recognizing and detecting fraud. It is a "how to" course which presents suggestions for detection and for creating an environment which promotes discovery of fraud.

This one-day course includes:

Establishing an environment for handling fraud
- Understanding management response
- Establishing a policy for fraud
The Five Step Approach to Fraud Detection
Understanding what can go wrong
Recognizing symptoms of fraud
Using and misusing red flags of fraud
Understanding fraud in purchasing
Detecting fraud in the computerized environment
Monitoring for fraud
Dealing effectively with informants
The Four Step Approach to Fraud Prevention

Participants receive a student notebook containing discussion notes, exercises and narratives. Exercises are used to reinforce the lecture and case examples and ensure that exposures and symptoms of fraud are understood.

Courtenay M. Thompson Jr. is a recognized authority on training managers, auditors and investigators in fraud-related matters. He has designed and presented courses on fraud prevention, detection and investigation for business and government organizations worldwide. His courses are known for providing practical, proven approaches to real problems. These practical approaches have yielded dramatic results for class attendees.

In addition to training on fraud-related matters, Mr. Thompson provides training on improving personal and professional effectiveness, behavior and communication skills, leadership and auditing contracts. He is the co-developer with R. L. Townsend of a series of courses on audit and control of construction costs. He is also co-developer with Richard Stohl of a series of courses on audit and control of health benefits administration. For 13 years, Mr. Thompson was editor of "Fraud Findings" in The Internal Auditor magazine. We offer courses in:

Fraud detection, investigation, and prevention
Fraud awareness for managers and finance professionals
Fraudulent financial reporting
Control and audit of construction costs
Audit and control of health benefits administration
Behavior and communication skills
Increasing personal and professional effectiveness
Audit interviewing
Data mining for auditors

Mr. Thompson's experience prior to entering the consulting field includes public accounting, audit supervisor for consumer financial services for a large retailer, and director of auditing for a life insurance company. His career in public accounting and internal auditing provided exposure to a number of types of impropriety including embezzlement, insurance fraud, loan fraud, stock fraud, kickbacks and bribery, misappropriation of funds and mail fraud. In addition to personally detecting and investigating suspected fraud cases, he established corporate policies for fraud and trained other auditors in fraud detection and investigation. Responsibilities included working with top management and reporting to the audit committee on the status of open cases. He has worked closely with legal counsel, law enforcement and prosecutors.

Courtenay Thompson received his BBA and MBA degrees from Southern Methodist University and is a Certified Public Accountant. He is a member of the American Institute of Certified Public Accountants, the Texas Society of Certified Public Accountants and other professional associations.

For more information, contact: Mark Kolman at 813-276-2029 ext. 3705 or email kolman@hillsclerk.com