Fraud is pervasive, ever-present, and evolving, but so are the solutions to curb and prevent it. Recognizing the changes that are occurring in the world of fraud and knowing how to effectively analyze and apply that knowledge can make or break a fraud risk management program. The Fraud Risk Management offers a comprehensive understanding of fraud risk management, from identification of an organization’s fraud risk to provision of practical tools to address them. The solutions offered are applicable to entities of any size and structure, from small privately owned companies to multi-national publicly held organizations, as well as not-for-profit and governmental/regulatory enterprises. Through this self-study program, individuals will develop an in-depth understanding of an organization’s risk of financial loss and insight to practical solutions that will enable their organizations to manage these risks effectively and according to their risk appetites.

The program provides a review of the current business environment, where fraud risk and profit opportunities collide. It provides a look into on- and off-book fraud schemes, including signs and symptoms of potential fraudulent events requiring a response, and an additional look at the controls that can be implemented to mitigate some of these risks. The program provides individuals with hands-on application of fraud risk assessment methodologies and techniques.

The Fraud Risk Management self-study course materials, together with the Define, Demonstrate, and Deploy Financial Forensics in Your Practice Webinar, the Legal Theory and Case Law Webinar, and the Litigation Bootcamp for Financial Experts, are required for individuals seeking the Master Analyst in Financial Forensics (MAFF) credential. Applicants must also meet prerequisite requirements and pass the MAFF proctored exam.