Ex-Con Amy Wilson's Deceit, Lies and Embezzlement

Code: EMC

Date Thursday, October 19, 2017
Time 8:30am - 4:30pm
Central Time
Location Minnesota Society of CPAs
1650 W 82nd St Ste 600
Bloomington, MN 55431-1458
Map & directions
 
CPE credits CPE 8.0
Instructor Amy Wilson
The Pros & The Cons LLC
Fees
Standard member fee $325.00
checkmarkStandard nonmember fee $375.00

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Description

At a small manufacturing company in Indiana, bookkeeper Amy Wilson quietly and slowly morphed from a highly trusted employee to a convicted embezzler of nearly $350,000. Discover exactly how she did it in this eye-opening course. Wilson will show you how she exploited flaws within the accounting software and give you the inside scoop on how white-collar criminals think and behave. Learn how to spot the red flags so you can prevent this type of fraud from happening to your company or clients.

Who should take this program?

CPAs, accountants, controllers, CFOs, CEOs, business owners, auditors and managers in industry and public practice

Major subjects

  • How proper hiring procedures would have prevented Wilson's crime
  • Misconceptions about white-collar criminals
  • How Wilson's thefts started small and escalated as she gained confidence
  • The red flags that should have exposed her crime
  • What motivated Wilson, a trusted employee, to embezzle
  • How she fooled her boss using the facade of separation of duties
  • Step-by-step review of accounting system entries Wilson used to conceal her theft
  • How she deterred the owners from reviewing the financial health of the business frequently and thoroughly
  • The unpredictable events that exposed Wilson's crime
  • How she accepted responsibility and was punished
  • The devastating impact on Wilson's family
  • The employer's reaction and status of the business today
  • In-depth review of two other fraud cases committed by trusted professionals Wilson met in prison

Learning objective(s)

  • Understand how a trusted employee exploited flaws in accounting software to carry out fraud

Notes:

Course code Code EMC
Sponsor MNCPA
NASBA ID#: 139884
Level Intermediate
Field(s)
of study
Accounting (8)
Format Group Live
Prerequisites Prereq. None
Advance
prep
None