US companies lose an average of 7% of gross revenue to fraud every year. In this session we discuss internal methods used to detect unusual transactions, monitor opportunities for fraud, deter collusion and reduce financial losses. Learn how to analyze the risk of fraud specific to each business, assess fraud controls, and develop effective remediation plans. Understand how to develop a transaction monitoring system that notifies management of suspected fraudulent transactions within and across applications. Understanding how to control and monitor individual user access to financial data Sharing the ability to ensure the integrity of transactions and cleanliness of internal audits Identifying the financial risk prevention role of internal controls management

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