TBC Information Network

Teal, Becker & Chiaramonte offering valuable insights, impressions and commentary on today's financial and business world.

Fraud Prevention & Detection Training

Employees are on the front line every day. Studies have shown that tips from employees of their peers are the most common way fraud in the workplace is detected. Therefore, fraud awareness training for employees and managers is a critical component of a well rounded fraud prevention and detection plan. The association of Certified Fraud Examiners’ reports that organizations with anti-fraud training programs experience shorter duration of fraud schemes and lower associated losses than organization’s without such programs. Our Certified Fraud Examiners, not only present fraud prevention and detection seminars to the business community through various business and professional associations, but they can also perform training at organizations to educate employees regarding what action constitutes as a fraud, red flags of fraudulent activity, common fraud schemes, and how to report questionable activity.