Fraud within an organization is a damaging event that impacts an organization's finances as well as its operations and potentially even its reputation. Proactive risk assessments can help mitigate risks in those areas most prone to fraud. How is a proactive, effective risk assessment conducted? It starts with gaining insight into your organization's accounting processes, identifying weaknesses in internal controls, and thinking like a fraudster. To understand how a fraudster operates, we must educate ourselves on who typically commits fraud within organizations as well as how fraud schemes can occur and be prevented and/or detected by leveraging effective internal controls. In this session, prevalent fraud schemes specific to the healthcare industry will be discussed as well as effective cash controls that can be implemented to mitigate the risk of these schemes from impacting your organization. The session will also cover the profile of a typical fraudster, including several of the common rationalizations fraudsters use to justify their nefarious actions.