Companies have lost $42 Billion over the last 24 months to frauds says PwC Global Economic Crime and Fraud Survey Report 2020. And those were the ones that were officially reported! How often do you audit your business to identify these frauds and find why they occur? This course gives credit managers a crash course in frauds detection, prevention, and steps to follow if it happens in your company. It helps you understand 3Es of why fraud happen and the fraud triangle that enables a fraud friendly environment in the company. We will also discuss some internal controls you could leverage to prevent internal frauds, check frauds and bulk sales frauds.