Fraud Update: Detecting and Preventing the Top Ten Fraud Schemes (Self-Study)
Valid for one year from purchase date
Auditing - Technical (8.0)
Standard member fee
Standard nonmember fee
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Is your organization failing to recognize red flags associated with misappropriation of assets and costly fraudulent schemes? Whether your business is small, large, or a not-for-profit entity, this CPE course will provide you with descriptions of how major frauds are perpetrated, allowing you to gain insight into the types of cost-effective controls you can implement to prevent or detect deceptive acts. This course features real-world examples of updated fraud studies from KPMG, PricewaterhouseCoopers, and the Association of Certified Fraud Examiners.
Who should take this program?
Business owners, managers, supervisors, employees, accountants and auditors
Major financial statement frauds including, among others, corruption conspiracies regarding sales and other types of revenue, estimates, journal entries, and other accounts
Major misappropriation of asset frauds including, among others, skimming, larceny, and embezzlement involving inventory, payables, and other accounts
Ponzi and asset flip schemes
Control implementation ideas
Risk factors in accordance with the revised authoritative guidance on fraud
Identify the findings and implications of major fraud studies
Identify the risk factors and red flags for each of the top ten fraud schemes
Determine design controls to build into systems to mitigate fraud risks
Distinguish the methodology of how frauds are committed
Identify trends in various types of fraud
NASBA ID#: 112891