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About this course

Can you imagine a drug dealer using a credit-card terminal to accept payment? How about someone paying for a television they bought off the back of a truck with a personal check? Hard to imagine, right? Most criminals conduct their business in cash.

For years, criminals kept their ill-gotten gains in cash and used it to pay for everything from real estate to jewelry to things such as private school tuition. This prompted governments around the globe to pass laws prohibiting large cash payments or, at the least, requiring such payments to be reported.

These laws created the need for criminals to conceal the true source of the money or to "launder" it. To combat these threats, laws, and regulations have been enacted in countries around the globe that make financial services firms, and in some cases individuals, responsible for preventing or stopping money laundering.

Within this course, we explore AML warning signs and potential mitigation techniques companies and professionals can take to help eliminate money laundering.

Field of Study: Specialized Knowledge

What you will learn?
Explore and examine the general warning signs of AML.
Explore and examine warning signs of AML related to the legal process.
Identify AML pro-active prevention techniques.
Identify AML mitigation processes.
Discover and examine features to look for in an AML automated monitoring system.
Recognize ten things to look for in an AML Watchlist Provider.
schedule
2 hours on-demand video
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Certificate of completion
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Beginner level
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No prerequisites
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No preparation required
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1 year access

CA$104.17

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Browse course content
2 Quiz
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8 Video
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schedule
2 hours
Guide
Section 1.
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Introduction; Agenda; Warning Signs of Money Laundering
12m 49s
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Warning Signs of Money Laundering Continued
11m 49s
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Legal Services; Prevention
14m 7s
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Prevention Continued
6m 28s
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Prevention Continued; AML Mitigation Methods
13m 47s
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AML Mitigation Methods Continued
5m 8s
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AML Mitigation Methods Continued; Features to Look for in AML Solutions
13m 3s
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Ten Things in AML Watchlist Provider; Summary
6m 21s
Review Questions
6 questions
Section 2. Final Exam-Part1
Final Exam
10 questions
Learn from the best

Lynn Fountain has over 40 years of experience spanning public accounting, corporate accounting and consulting. 24 years of her experience has been working in the areas of internal and external auditing. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Ms. Fountain has held two Chief Audit Executive positions for international companies. In 2011, as the Chief Audit Executive for an international construction/ engineering firm, she was involved in the active investigation of a joint venture fraud. The investigation included work with the FBI and ultimately led to indictment of the perpetrators and recovery of $13M. Ms. Fountain is currently engaged in her own training and consulting business and is a regular trainer for the AICPA. Ms. Fountain is the author of three separate technical books. “Raise the Red Flag – The Internal Auditors Guide to Fraud Evaluations” was published by the Institute of Internal Auditors Research Foundation. -“Leading The Internal Audit Function” and -“Ethics and The Internal Auditor Political Dilemma” were published by Taylor & Francis In addition Ms. Fountain was a contributing author to the certification program exam for the National Association of Accountants. She also has certificate programs on various on-line platforms. Ms. Fountain has performed as an adjunct instructor for the School of Business for Grantham University and developed the first internal audit curriculum for the School of Business at the University of Kansas. Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CGMA, CRMA credentials and CPA certificate (non-active).