The New Psychology of Fraud Part 2 2024

Overview

Part 2 of 2. You’ll never think about fraud the same way again after this session examining the psychology of both investigators and perpetrators. This story-based presentation will use first-hand accounts and the latest research to show why some traditional investigational practices are more harmful than helpful. This two-part series will expose myths and dangers lurking in our assumptions about fraud. We will explore misunderstandings about skepticism and learn how auditors and investigators may unwittingly assist the same fraud schemes they are trying to thwart. We will challenge the “sacred cows” of the industry and help us develop more effective thinking approaches for fraud investigation, detection, and deterrence.

Highlights

• The neuroscience of psychopathy
• The psychology of skepticism
• Psychology and reasoning related to both investigators and perpetrators

Prerequisites

Auditing experience and knowledge of terminology.

Designed For

CPAs, audit, governance, investigative and compliance professionals wanting to learn more effective ways to deter, detect and investigate fraud and gain a deeper understanding of behavioral science surrounding fraud and related threats.

Objectives

• Identify common cognitive biases that diminish reasoning during investigations
• Identify at least one approach to improve skeptical reasoning related to fraud investigations

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.