Time For A New Fraud Triangle
Time to revisit the model CPE = 1
The Fraud Triangle has been the basis for most fraud evaluation for almost 70 years. With so much change in technology, business, and society, it is time for us to revisit the model to see what changes may be needed for our modern environment.
In this presentation, we will:
- Revisit the classic fraud triangle
- Evaluate 3 new models
- Explore future implications of the models
Delivery Method: Self-Study
Toby DeRoche is a Certified Internal Auditor (CIA) who holds an MBA with an Internal Audit specialization from Louisiana State University. He is also certified in Control Self-Assessment (CCSA), Risk Management Assurance (CRMA), Internal Control (CICA), Fraud Examination (CFE), and he is a SAFe 5 Agilist (SA).
His professional background includes identification and documentation of weaknesses that result in heightened business risk, while recommending solutions to such situations. Toby began his career in internal audit with Macy's Inc. He then worked as an implementation and training consultant for Wolters Kluwer. As a Solution Consulting Manager at Wolters Kluwer, Toby works with organizations that are looking for software solutions to their audit, risk and compliance needs. Throughout his career, Toby has assisted numerous internal audit departments create, perform, and supervise financial, operational, and compliance audits to evaluate control frameworks, financial systems and operating procedures.
Toby is also an experienced author and presenter, having delivered over 50 continuing education presentations to audit, risk, and fraud professionals.