How to Audit for Fraud ON DEMAND
Available Until
Your Desk
3.0 Credits
Member Price $58.00
Non-Member Price $67.00
Overview
How to Audit for Fraud is an essential course for auditors seeking to enhance their expertise in fraud detection and prevention. This fraud CPE course offers a thorough understanding of the auditor’s role in identifying fraud, covering the components of the fraud triangle and the responsibility for fraud prevention. Participants of this fraud auditing CPE will learn about various scams used to inflate sales, methods for manipulating financial statements, and tactics for covering up fraudulent activities. Beyond theory, the course provides practical techniques for detecting fraudulent journal entries, altering documents, and tracking cash theft. It also equips auditors with the skills to navigate complex situations like recognizing the pressure on clients to falsify financial statements and how to effectively communicate fraud findings. This auditing CPE course is not just about learning the principles of fraud detection; it’s about applying them in real-world scenarios, enhancing your capabilities as an auditor in identifying and addressing fraud.
Highlights
Fraud and the auditor’s role. Fraudulent financial reporting. Extended audit procedures.
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 the components of the fraud triangle. Recognize who is responsible for fraud prevention and detection. Understand the reasons for professional skepticism in the conduct of an audit for fraud. Describe how to communicate to the client a discovery of fraud. Recognize the situations that create pressure for a client to falsify its financial statements, and more.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $67.00
Member Price $58.00