Common Frauds in Small Businesses – 2026 Update (08-10-26)- A/V

CPE Credit: 2 hours

This course is designed for individuals who would like to obtain a basic understanding of how fraud affects small businesses.

Learning Objectives:

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

1. Identify the principal fraud theories, behavioral red flags, and occupational fraud risks that affect small businesses, including asset misappropriation, corruption, financial statement fraud, and employee-related schemes.

2. Distinguish among common small-business fraud schemes involving cash receipts, disbursements, checks, payment applications, credit cards, payroll, expense reimbursements, inventory, vendors, customers, and identity theft.

3. Recognize emerging cyber and technology-enabled fraud risks affecting small businesses, including phishing, business email compromise, ransomware, data breaches, cloud and supply-chain vulnerabilities, synthetic identities, and artificial intelligence-enabled fraud.

4. Apply appropriate internal controls and fraud detection techniques to reduce fraud opportunities, identify suspicious activity, protect financial and information assets, and strengthen fraud prevention and reporting within a small-business environment.