Surgent's Winning the Fraud Battle in the Digital Age: Prevention and Detection (Self-Study)

Code: JSDLCFVV

Date Valid for one year from purchase date
Format Self-Study (Downloadable PDF)
CPE credits CPE 8.0
Field(s)
of study
Auditing - Technical (8.0)
Fees
Standard member fee $125.00
checkmarkStandard nonmember fee $125.00

Members: Please log in to receive member fee.

Description

Our focus is to reduce the overall risk of fraud. To that end, this course focuses on what factors contribute to turning honest employees into fraudsters. Discussion will include integrity and ethics, as well as how people may react in certain situations. We will also touch upon what lurks in the darknet.

Who should take this program?

CPAs in public practice and industry who wish to educate clients or colleagues on how to better prevent fraud from occurring at the source - would-be fraudsters. In addition, those who need discussion of controls used by fraud victim organizations and how

Major subjects

  • Fraud's cost -- ACFE's Report to the Nations; Ancillary costs
  • Current economy -- Microeconomics; Analyses
  • COSO's Internal Control Framework -- Principle #1 -- Integrity/Ethics: Principle #8 -- Fraud Risk Assessment; Errors & Irregularities -- Does the auditor determine if fraud occurs?
  • Power of morale -- Shrink the fraud triangle: Motivation
  • Deviant workplace behavior
  • Historic schemes
  • Why good folks go bad -- What studies indicate: Five interesting findings: Red flags
  • Combating fraud with controls
  • Fraud prevention checklists

Learning objective(s)

  • Understand the prevalence of fraud
  • Realize how organizations may cause fraud without realizing it
  • Comprehend the cost of fraud
  • See how the new COSO Framework for Internal Control focuses on fraud
  • Understand the importance of the environment
  • Recognize potential tipoffs to fraudulent behavior
  • Comprehend information that indicates how some people respond differently to certain factors
  • Understand that there are many layers in fraud defense

Notes:

Course code Code JSDLCFVV
Sponsor Surgent
NASBA ID#: 103212
Level Basic
Format Self-Study (Downloadable PDF)
Prerequisites Prereq. None
Advance
prep
None