New professional standards now require the accountant to maintain an awareness of fraud potential and the effects of fraud in the conduct of their engagement:

SAS 99 - Requires the auditor to consider the potential for fraud in reported financial results, and modify audit tests based on that consideration
SSARS 1 - (proposed 12-2003) Requires the accountant to make inquiry about fraudulent activity within the organization, and suggests inquiries into the business processes and their ability to deflect fraud

Foremost, the accountant must be able to understand the causal factors of fraud, and typical control procedures used to blunt those factors. Additionally, understanding the "red flags" of fraud is essential to appropriately interpret and act upon information received during the conduct of the engagement.

Our fraud awareness training prepares the accountant to respond to the new professional requirements. Additionally, our demonstrated expertise with the development and delivery of fraud deterrence training programs allows the client service teams to enter the field knowing they are armed with the most current, relevant information required to appropriately perform their duties.