Course Overview

Learn how to spot expense cheating and use simple technology and tools to stop fraud before it happens.

Expense Fraud: Awareness, Detection, and Prevention equips you with the essential skills to identify and stop dishonest expense claims within your organization. This course helps you understand why employees commit fraud and the common deceptive methods they use to hide it. You will learn to recognize critical red flags, including phantom charges, double-dipping, and inflated or disguised expenses.

Understand how the fraud triangle, pressure, opportunity, and rationalization, explains employee behavior and how fraudsters exploit vulnerabilities. Discover practical strategies for implementing robust preventive controls, such as hard-coded system limits and automated documentation standards, to eliminate opportunities for fraud. You will also learn to use advanced detective controls, such as exception reporting and data analysis, to quickly spot anomalies. The course teaches you how to gather evidence discreetly when you suspect fraud, ensuring fair and effective resolution. By applying these techniques, you can help protect your company's financial integrity, prevent significant losses, and maintain a strong ethical culture.

Learning Objectives:

By the end of this course, you will be able to:

• Identify common types of expense fraud.
• Recognize red flags in expense reports.
• Understand techniques used to mask fraud.
• Apply effective fraud detection methods.
• Implement strategic preventive controls.
• Evaluate financial integrity in organizations.
• Use technology to enhance fraud prevention.
• Respond effectively to detected fraud.