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Introduction to Fraud

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Date(s): Feb 14, 2024
Time: 8:00AM - 12:00PM
Registration Fee: $119.00
Cancellation Date: Feb 07, 2024
Location: Online

Course Description

Please join us as we discuss the basic concepts and terms of fraud, types of fraud, and fraud risk. This course will explain how to evaluate the likelihood of fraud occurring within an organization and how that organizations manages the risks associated with it. Additionally, we will discuss controls to prevent and detect fraud and how those correlate with the risk-event impact to ensure risks are properly mitigated. Lastly, we will cover the elements of fraud investigations, to include the approaches, methods, and techniques, and the potential risks associated with fraud investigations.

Potential CPE Credits: 4.0
Technical Hours: This class meets 4.0 CPE credits of technical training in compliance with Texas Admin. Code Rule 523.102.

Instruction Type: Live
Experience Level: BEGINNING
Category: Regulatory Ethics

Course Objectives

Upon completion of this course, participants will be able to:

  • Understand basic concepts and terms of fraud

  • Recognize the various types of fraud and fraud risk

  • Understand the probability of fraud occurring in an organization’s operations and how it is managed

  • Identify controls which prevent and detect the potential for fraud

  • Determine when circumstances prompt the need for investigations

  • Understand fraud investigation approaches, methods, and techniques

Detailed Course Outline

Concepts and Terms of Fraud

  • Introduction to Basic Concepts and Terms of Fraud

Types of Fraud

  • Types of Fraud and Fraud Risk

Probability of Fraud Occurrence

  • Potential for Fraud within Organizations

Organization’s Management of Fraud

  • Preventing and Detecting Fraud

Fraud Investigation

  • Elements of Fraud Investigations

  • Fraud Investigation Standards and Methodology

  • Risk Factors of Fraud Investigation


None. YB 4.23(j)


Jack Reagan

Jack Reagan is a leader in UHY’s Audit and Assurance Department and the leader of the firm’s National Government Practice where he plays a key role in developing practices and procedures to improve the delivery of professional services to governmental entities. Jack has also been elected to a two- year term to UHY LLP’s management committee.

Jack has spent over 30 years of his professional career serving large local governments, both locally and nationally. Jack has served many of the largest governments across the nation. Nationally, Jack has served entities such as Metro Nashville/Davidson County, New York PGW, and the States of New York, Texas, California and Florida. He is also the co-lead partner responsible for the audit of the District of Columbia. Finally, Jack handles leading UHY’s American Rescue Plan Act (ARPA) consulting efforts throughout the U.S.

Jack is also an active presenter on governmental accounting and auditing issues, having presented to the Maryland Society of CPAs government day on numerous occasions as well as various state of Maryland CPA chapters. Jack is a licensed CPA in the State of Maryland. He is a member of the American Institute of Certified Public

Accountants, the Association of Government Accountants, the Association of School Business Officials, and the Government Finance Officers Association. In addition, he serves on the University of Richmond Accounting Department Advisory Board and the University of Richmond Robins School of Business Dean’s Advisory Board. Jack received a BSBA in Accounting from the University of Richmond.

Additional Information

TAC Rule 523.142(g) requires the CPE Sponsor to monitor individual attendance and assign the correct number of CPE credits. Participants will be asked to document their time of arrival and departure in compliance with this Rule. Additionally, attendance will be monitored throughout the day and CPE certificates will reflect actual attendance of each participant.

If you are making travel plans to come to Austin, we recommend making "refundable" air and hotel reservations or waiting until 14 days before the class to actually book your reservations. Courses are occasionally canceled or rescheduled due to low enrollment. We determine whether a course has enough participants 16 days prior to the course date. If we cancel or reschedule, we will email the participant and his or her billing contact no later than 14 days before the original class date.

Vending machines with Coca-Cola products and various snack items are available. There is also a refrigerator and microwave in our coffee bar area. Feel free to bring in your own drinks and food if you prefer.

You might want to bring a light sweater or jacket, as room temperatures vary.

To see answers to our Frequently Asked Questions, visit

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