Fraud Update: Detecting and Preventing the Top Ten Fraud Schemes (Self-Study)

Code: JI158013

Date Valid for one year from purchase date
Format Self-Study (On-Demand)
CPE credits CPE 8.0
of study
Auditing - Technical (8.0)
Standard member fee $129.00
checkmarkStandard nonmember fee $169.00

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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 subjects

  • 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

Learning objective(s)

  • 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


Course code Code JI158013
Sponsor AICPA
NASBA ID#: 112891
Level Intermediate
Format Self-Study (On-Demand)
Prerequisites Prereq. None