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Fraud Update: Detecting and Preventing the Top Ten Fraud Schemes

Fraud Update: Detecting and Preventing the Top Ten Fraud Schemes

Quick Overview
Is your organization failing to recognize red flags associated with misappropriation of assets and costly fraudulent schemes? Whether your business is small, large, or a not-for-profit entity, this CPE course will provide you with descriptions of how major frauds are perpetrated, allowing you to gain insight into the types of cost-effective controls you can implement to prevent or detect deceptive acts. This course features real-world examples of updated fraud studies from KPMG, PricewaterhouseCoopers, and the Association of Certified Fraud Examiners.

Credits - 8.00
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Price: 189.00
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Author(s)

Glenn Helms PH.D, CPA, CIA, CISA, CITP, CFF

Field(s) of study

Accounting and Auditing

Level of difficulty

Intermediate

Topics discussed

Major financial statement frauds including, among others, corruption conspiracies regarding sales and other types of revenue, estimates, journal entries, and other accounts, Major misappropriation of asset frauds including, among others, skimming, larceny, and embezzlement involving inventory, payables, and other accounts, Ponzi and asset flip schemes, Control implementation ideas, Risk factors in accordance with the revised authoritative guidance on fraud

Objectives

Identify the findings and implications of major fraud studies, Identify the risk factors and red flags for each of the top ten fraud schemes, Determine design controls to build into systems to mitigate fraud risks, Distinguish the methodology of how frauds are committed, Identify trends in various types of fraud

Designed for

Business owners, managers, supervisors, employees, accountants and auditors