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Historically, it is only after fraud has
been committed, and subsequently detected, that the business
advisor is called upon to investigate and assess damages.
For the business owner this sequence of events feels like
"insult upon injury" because the cost to investigate can be
quite substantial and falls on top of losses due to the
fraud.
Business owners today are looking to their
accountants and advisors for assistance in strengthening
their internal controls and business practices to prevent
fraud. The fact of the matter is-every business should have
procedures and processes in place to prevent fraud, and if
it does occur, detect it early. NACVA's five-day fraud
training and certification program teaches advisors how to
take a proactive role in fraud deterrence. NACVA's Fraud
Deterrence Training Center incorporates a series of steps
and procedures the advisor can easily apply in client
businesses of almost any size that will provide added
assurance against fraud.
We wrote the training program used in every
CFD training session; this program is licensed to NACVA on a
non-exclusive basis. Our professionals serve as captains for
two of the five days of training.
Additionally, Harry Cendrowski stewards the
implementation of this new designation by serving on the
Fraud Deterrence Analyst Advisory Board.
More information about this training can be
obtained at
http://www.nacva.com/CDI/F_fraud.html |