Employee fraud and unethical behavior is spreading like wildfire in every type of organization, both profit and nonprofit, and at every level, from petty theft on expense reports to cooking the books in the boardroom. The severe and sustained economic downturn has shaken our nation and its financial markets. The Association of Certified Fraud Examiners reports that the typical organization loses 5% of its annual revenues to occupational fraud, resulting in annual fraud losses of $2.9 trillion. A disturbing fact is that small businesses, defined as organizations that employ fewer than 100 people, suffer disproportionately greater losses than organizations with 1,000 or more employees. The median loss for the small business organization is $200,000.
This one hour session, “Protecting Your Assets from Occupational Fraud and Abuse,” will highlight the following:
- The psychological and sociological factors that contribute to the perpetration of fraud in profit and not-for-profit environments;
- The red flags of employee fraud;
- The critical thinking errors of unethical behavior;
- The responsibilities of the board of directors, company management, and independent auditors and accountants to detect fraud; and,
- Practical and economic fraud prevention strategies.
The session will be led by Leon A. La Rosa, Jr., CPA, CFE, MST Partner in the Litigation and Valuation Department of EisnerAmper LLP, Philadelphia, PA.
The Pennsylvania Board of Accountancy has approved this Overview Program for two (2) CPE Credits.
Sponsored by La Salle University’s Master of Science in Economic Crime Forensics program.
Choose your location:
Register by mail with a check with this printable form.
*Continental Breakfast will be provided at all sessions.
|Leon A. LaRosa, Jr.
- Certified Public Accountant (CPA)
- Certified Fraud Examiner (CFE)
- Certified in Financial Forensics (CFF)
- Economic Damages
- Forensic Accounting
- PICPA – Committee on Forensic & Litigation Services
- La Salle University Institute of Fraud & Forensic Accounting – Director; Adjunct Professor
Leon LaRosa serves as a Partner in the Litigation Services Group. He has over 45 years of diversified experience in the public and private accounting sectors, as well as in academia. Leon has served both public and privately held companies in the professional service, healthcare, wholesale, retail, real estate, technology, insurance, financial, government defense contracting, local government, and manufacturing industries.
Leon has served as an expert witness and/or consultant in areas such as financial statement fraud, employee fraud, professional malpractice, commercial and personal injury, economic damages litigation, related party liability, bankruptcy, re-organization, and arbitration services. In addition, he has served as Chief Financial Officer in the healthcare, computer services, and real estate industries.
Leon is an adjunct professor and the Director of the Institute of Fraud and Forensic Accounting at La Salle University. Throughout his career, Leon has served as a panelist and/or guest speaker for various professional groups and financial institutions. He has spoken extensively on financial statement fraud and has published articles on Ponzi schemes, effective expert reports and expert witness testimony.
Leon is a graduate of Widener University with a bachelor’s degree in Business Administration and master’s degree in Taxation. He is an active member of the American Institute of Certified Public Accountants (AICPA), Pennsylvania Institute of Certified Public Accountants (PICPA), PICPA Committee on Forensic and Litigation Services, Association of Certified Fraud Examiners (ACFE), and Turnaround Management Association (TMA). Committed to the community, Leon serves in leadership positions in several not-for-profit organizations including The Red Cross of Southeastern Pennsylvania.