The UNM Anderson School of Management and Citi Cards host a fraud management workshop on Wednesday, May 9 from 4 to 7 p.m. at the UNM Anderson School of Management Jackson Student Center. The workshop, titled "Fraud: Prevention and Detection Tips for Your Small Business," will feature ASM's Richard Brody, the Douglas Minge Brown Professor of Accounting and Associate Director of the Center for Information Assurance Research and Education (CIARE).

Fraud occurs in businesses of all sizes, but small organizations suffer the most. In addition, fraud is almost always committed by a person of trust within an organization. In 2010 alone, the estimate of organizational fraud will surpass more than $2.9 trillion, which amounts to 5 to 7 percent in revenue loss.

This workshop will outline the conditions that lead to fraud, provide an understanding of why small businesses are more susceptible to fraud, and provide strategies to help prevent and detect fraud in your organization.

Brody is a certified public accountant, a certified fraud examiner, a forensic certified public accountant and a chartered global management accountant. Brody also holds the Certified in Financial Forensics designation. His research addresses issues related to forensic accounting, auditing and corporate governance. Brody has authored and/or co-authored more than 80 refereed publications and has presented his work at many national and international conferences.

The event is free and open to the public, however space is limited and an RSVP is required. To RSVP, visit Fraud Workshop.

For more information, call Roxanne Blair at (505) 277-1504 or email, rmcblair@unm.edu.

Media Contact: Leslie Venzuela (505) 277-7117; e-mail: venzuela@mgt.unm.edu