Fraud Schemes FLEXCAST
Available Until
Your Desk
3.0 Credits
Member Price $49.00
Non-Member Price $56.00
Overview
This is an essential course for professionals seeking to strengthen their organization’s defenses against fraud. This course offers a thorough exploration of the various fraud schemes that can be encountered, ranging from employee-level fraud to complex financial statement manipulations and external scams. You will learn to identify the characteristics of different fraud types, understand the techniques employed by fraudsters, and recognize the signs of impending fraudulent activities. The course also provides actionable insights into implementing controls and countermeasures to mitigate the effects of these schemes. By understanding both the mechanics of fraud and the strategies to counteract it, participants will enhance their ability to protect their organizations from the damaging effects of fraudulent activities.
Highlights
Employee fraud schemes. Financial statement fraud schemes. Outsider fraud schemes.
Prerequisites
None.
Designed For
CPAs, auditors, accountants, controllers, and financial professionals.
Objectives
Identify the characteristics of each type of employee fraud scheme. Recognize the methods used by employees to falsify their expense reports. Recognize the techniques used to artificially assist suppliers in winning bids. Note how a payables clerk can obtain a valid signature on a check intended for personal use. Describe how stock option backdating can benefit employees.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
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 $56.00
Member Price $49.00