WSCPA CFO - Preparing for Trouble

Identify potential threats and conduct quick risk assessments. Develop a tailored crisis management plan and effective communication strategies. Create a business continuity plan with essential recovery strategies to lead your organization confidently through crises. Identify fraud indicators and red flags within organizational processes. Establish a strong anti-fraud culture and understand its connection to fraud. Raise awareness of fraud risks and prevention techniques and learn to improve internal controls for proactive management. Identify fraud indicators and red flags within organizational processes. Establish a strong anti-fraud culture and understand its connection to fraud. Raise awareness of fraud risks and prevention techniques and learn to improve internal controls for proactive management. Acknowledge the significance of AI and Machine Learning (ML) as transformative technologies for organizations. Understand the risks and benefits of their implementation and learn how to optimize their effectiveness.

Crises Management: Organizations frequently face crises. How you respond can determine your organization’s future. This course will equip you with essential skills for effective crisis handling and organizational resilience. Fraud Prevention: Fraud impacts over 80% of organizations, causing annual losses exceeding $10 billion. Are you ready to strengthen your organization and protect clients against fraud risks? We offer strategies to create a strong anti-fraud culture and provide tools for preventing, detecting, and managing fraud. Fraud Investigation: Unlike accounting audits, fraud investigations require specialized training that many lack. The aim is to ensure that findings are robust and admissible when cases are referred to law enforcement. Participants will learn how to respect the rights of all parties, preserve evidence, use proper surveillance, and distinguish between company materials and personal property. Conducting effective investigations is complex, and it’s vital to be aware of the many risks. The Impact of AI on Finance: Organizations of all sizes are rapidly adopting Artificial Intelligence (AI) and Machine Learning (ML). But why should this matter to accounting, internal audit, finance, and IT professionals? We will highlight the differences between chat-based AI search tools and more advanced AI applications. We will provide example policies for responsible AI use and resources for further learning. While these technologies offer significant capabilities, they also come with risks. We will discuss the greater risk.