Hold Your Horses! Could Tighter Reins Have Prevented a Landmark Fraud?
Tuesday, March 31, 2026
6-7:50 p.m. Central
2 CPE (2 technical)
Course code: 25WA-330F
View pricing
What can we learn from one of the largest municipal frauds in U.S. history? Rita Crundwell stole nearly $54 million from the citizens of Dixon, Illinois over the course of two decades. This course examines circumstances that allowed this landmark fraud to occur. We will explore internal control deficiencies and other circumstances that hindered prevention or timely detection of Rita's scheme.
Major subjects
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Key aspects of Rita Crundwell's theft
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Internal controls that could have prevented the theft
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Internal controls that could have detected the theft in a timely manner
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Independence in both fact and appearance
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Lessons for CPA firms
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Lessons for government agen
Learning objectives
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Understand factors that allowed the Dixon fraud to occur
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Identify internal controls that could have prevented the fraud
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Recognize lessons that CPA firms should learn from this case
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Understand the intricacies of independence
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Distinguish best practices for government agencies and other organizations that utilize employees
Who should take this program?
- CPAs in public practice, members in industry, and other professionals who want to enhance their fraud awareness and detection skills
Pricing
|
Standard Member Fee |
$79.00
|
Standard Nonmember Fee |
$79.00
|
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$79.00
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Instructor
Christopher Harper, DBA, CPA, MBA
Location
Online
Area
of study
Accounting & audit
Field(s)
of study
Auditing - Technical (2.0)
Level
Basic
Format
Group Internet Based
Sponsor
NASBA ID#: 107810
Prerequisites
Prereq.
None
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business
days before the event start date.
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