Fraud: Focus on Corruption

The Association of Certified Fraud Examiners (ACFE) has introduced the concept of a fraud tree.  The tree delineates three major categories of fraud as:

• Corruption

• Asset Misappropriation

• Financial Statement Fraud

This course evaluates the concepts that fall within the corruption segment of the fraud tree.  We examine the various components of corruption and solutions that can be used to mitigate corruption impacts.  In doing so, we evaluate the types of corrupt activity that may lend itself to financial fraud.

In addition, we evaluate the sub-components of the corruption leg of the fraud tree.  They include:

• Bribery

• Conflict of Interest

• Illegal Gratuities

• Economic Extortion

To identify how fraud can be mitigated, individuals must understand the types of fraud that are most prevalent to their business.

This course is brought to you by Illumeo. Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job. Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination. Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.