Occupational Fraud: Why Every Senior Financial Professional Should Be Aware

The video emphasizes the importance of fraud awareness for senior finance professionals, highlighting the common misconception that fraud cannot occur within one's own organization. It presents alarming statistics on the financial impact of fraud, including a global loss of 5% of revenues annually. The course focuses on occupational fraud, which involves deception by trusted employees, and aims to raise awareness of various fraud schemes, the psychology of fraudsters, and effective anti-fraud controls. The course also covers detection, prevention, and prosecution of fraud, urging participants to change their perception of fraud and recognize its potential occurrence in their organizations.

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