Fraud Audit Techniques Using Excel ON DEMAND

Overview

This fraud audit CPE course is uniquely designed to leverage the capabilities of Microsoft Excel in fraud auditing. It features comprehensive training on using Excel’s Auto Filter, Array formulas, and functions. These tools are invaluable for auditors who require efficient methods to handle large data volumes. Additionally, the auditing CPE course benefits participants by introducing Benford’s Law, a statistical tool for identifying anomalies in financial data. The course includes an accompanying Excel file with exercises and answer sheets, allowing hands-on practice. By completing this course, participants will gain a robust set of skills in data analysis and fraud detection, making them more proficient and effective in their auditing roles. There is an accompanying Excel file so that you can walk through all the exercises. Answer sheets immediately follow.

Highlights

Fraud audit techniques using Excel. Excel arrays. Excel text functions. Benford’s law.

Prerequisites

None.

Designed For

CPAs, controllers, accountants, financing professionals, business owners, managers and others responsible for prevention, detection, or evaluation of potential fraud.

Objectives

Recognize and identify when Auto Filter and conditional formatting may be utilized to highlight exceptions. Recognize how to use VLOOKUP and IFERROR/IFNA functions when comparing lists. Recognize different array formulas, lookup functions as well as a few other functions that are useful for comparing lists and displaying data. Identify and eliminate duplicate items. Identify gaps in a sequence using Excel. Recognize Benford’s Law and how it to use it.

Preparation

None.

Notice

None.