e2r Alert

Employee Fraud – Managing Risk and Dealing with the Consequences

Date Delivered: November 27, 2019

Topic: Employee Fraud

Small businesses in Canada are disproportionately affected by fraud committed by their own employees, according to the Canadian edition of Report to the Nations: 2018 Global Study on Occupational Fraud and Abuse by the Association of Certified Fraud Examiners (“ACFE”).

According to the ACFE study, occupational fraud—more commonly known as employee fraud—is committed against an organization by its own officers, directors or employees and is one of the largest and most dangerous threats to businesses.

This e-learning will take you through the different types of employee fraud, such as intentional payroll errors, improper expense reimbursement, employee benefits fraud and time theft. Once you understand what forms fraud can take, it’s important to keep an eye out for the behavioural red flags that are commonly associated with employee fraud. We will discuss how to investigate allegations of fraud, and factors you should consider when determining whether you can terminate for just cause/willful misconduct.

A copy of the presentation and recording can be found on your member portal.

If you have any questions, please contact our Continuing Education Coordinator at 416-867-1546 or via email at [email protected].