Educational Seminars
Identifying & Preventing Fraud in the Workplace
When: Thursday, November 6, 2008
Check In & Lunch: 11:30am
Program: 12:00 -1:30pm
Where: Denver - Pepsi Center, Lexus Club Restaurant
Who should attend? Business Owners, Directors, Executive Officers, Financial Officers, General Counsel, General Partners, LLC Managers, Advisory Board Members, Risk Managers, & HR Managers
Fraud and dishonesty costs business billions of dollars each year. A survey by the Association of Certified Fraud Examiners estimates that businesses lose 7% of their annual revenues to fraud. Unfortunately, most fraud initially goes undetected and not all that is discovered is made public. In addition, most businesses are reluctant to report losses in order to avoid negative publicity.
With a struggling economy, unstable credit markets, and financially strapped employees, opportunity exists for an increase in both the frequency and severity of employee fraud. Can your business afford it?
This session will explore the prevalence and nature of workplace fraud, with an emphasis on the types of internal controls and procedures that are paramount in prevention. From the backgrounds of Certified Fraud Examiners, a specialist in Workers' Compensation fraud, and a seasoned crime insurance professional, our speakers will discuss such topics as:
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What are the most common types of workplace fraud and how are they perpetrated?
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Who are the perpetrators and what signals do they exhibit?
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What is the real cost of fraud?
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How is fraud detected?
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What internal control weaknesses contribute to the severity and frequency of fraud?
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What internal controls and procedures are most effective in preventing and reducing fraud?
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What insurance mechanisms are available to insulate business?
Featured Speakers:
Sharra Lee Leonard, Esq.
Special Investigations Unit (SIU) Director
Pinnacol Assurance
Stephanie Drew, CPA/CFF, CFE
Senior Manager, Litigation, Valuation & Bankruptcy Consulting Services
Hein & Associates LLP
Matthew W. Wester, CPA, CFE
Partner
Hein & Associates LLP
Brian Sandy, AFSB
Director of Financial Services
IMA of Colorado, Inc.
For more information, please contact Melissa Morris at 303-615-7526.
This program is sponsored by IMA as a service to our clients and friends. This meeting is for educational purposes only. There is no charge to attend.