98 pages [59 self-teaching + 39 quizzes/answers]
Section 1: Employee inventory theft. Red flags of false sales, phony write-offs and other theft schemes. 5 controls that prevent theft.
Section 2: Preventing employee theft. 4 key factors to check before hiring. How to use a fidelity bond for employees who have access to cash. Controls against theft, fraud.
Section 3: Check fraud. How to prevent—or spot—forged company checks, payroll-related check fraud, customer check fraud. Systems that prevent check fraud.
Section 4: Credit card fraud. 10 schemes that use lost or stolen credit cards. How to spot a counterfeit Visa, MasterCard or American Express card. Recommended rules for company credit cards.
Section 5: How vendors can cheat you. Forms of bribery. Telemarketing scams that target businesses. How to check out a suspicious vendor before you buy.
Appendix A: Forms, Patterns and Red Flags of Bribery
Appendix B: Operations That Support Frauds and Scams
Publisher: AIPB
the course contents are easy to understand and precise. I would continue to take some other courses and would expect their contents to give more examples of how to manage it practically.
Thought provoking information provided.
Subject explained very well
For someone with good educational background the material provided are adequate to pass the exams
During the course I found descriptions of the some fraud examples, that had not deal with in my practice. The course completion provided great awareness of the situations how to prevent the fraud, and helpful tips for Internal controls.
I like that one
Good
Course covers common but often overlooked threats to company assets and offers ways to address those issues.
I just completed the book. The material is informative, easy to read and understand.
Great!
I wish this book had included more details and real-life examples. It’s hard to remember information without understanding how it actually works in businesses.
The books is very helpful, great examples.
This course helped me with the importance of being audit ready and having dual controls
Excellent, very detailed and easy to understand.
Now I understand why stores check your credit card and checks carefully. I didn’t how the bad guys make frauds with checks. Thanks for this important course.
This book does a great job of explaining Internal Controls & Fraud Prevention. This book is a great find. Any small business owner could benefit greatly from this book if they are looking to hire employees. I see it frequently that small business owners are afraid to hire help due to the potential of dishonest employees. Prevention is the key and internal controls are a major help. I really like the structure of the AIPB books; concise, easy to understand chapters with examples and plenty of problems to work in the form of 2 quizzes after each chapter. It’s hard not to learn the content!
Excellent
Very informative, great review for anyone that does not work retail on a daily basis.
Some items were out of date and no longer apply, but overall very good.
Good
Great book but could be longer.
Good overview.
Well written!
This course provides a lot of useful information. It would make a great refresher course for accounting/bookkeeping professionals.
Good coverage of material.
The text and content is easy to read, and the information is very practical.
Short and to the point.
great
This course is outdated.
This has been helpful in many areas of my life and makes be more aware in our business! Also not quite finished with this workbook.