Fraud Overview for Accountants & Auditors

Price: $39.00

CPE Credits: 4.0

Category: ,

Course Number: AACSFFOAA

Fraud CPE

Description:
The course addresses various issues related to fraud. In particular, accountants and auditors need to be aware of the types of fraud that clients and employees may be committing, especially in light of myriad lawsuits against auditors and accountants. Topics include a review of the results of the fraud Report to the Nation, types of fraud, auditor’s role in addressing fraud, and the accountant’s responsibility for fraud in a compilation and review engagement. The course also discusses miscellaneous fraud-related issues including whistleblowing, anti-fraud measures, considering an entity’s fraud scorecard, and more.
Delivery Method: Online QAS Self Study.

Level: Overview.

Prerequisites: None

Advanced Preparation: General understanding of fraud issues and auditing standards

Author: Steven Fustolo, CPA

Publication: February 10, 2014
Update: June 2017

Format: PDF

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

• Identify examples of fraud cash disbursements
• Identify the difference between fraud and an error
• Recognize some of the conditions of the fraud triangle
• Identify examples of financial statement fraud
• Identify types of misappropriation of assets
• Identify additional procedures an auditor is required to perform to deal with the risk of management override of internal controls
• Identify examples of missed audit procedures involving the detection of fraud
• Identify audit procedures an auditor should perform to address certain frauds involving revenue
• Identify the elements of a fraud predator profile
• Identify some of the whistleblower protections for employees
• Identify the requirements for reporting fraud under the compilation and review standards
• Identify some of the recommendations to minimize a CPA’s exposure to fraud risk

Overall Course Rating: 5 Stars – Jennifer B. 12/28/2018

Overall Course Rating: 5 Stars – Anonymous 12/21/2018

“I appreciate the high quality of your courses.” Overall Course Rating: 5 Stars -Pam P. 9/2017

5 Star CPE Rating

Description:
The course addresses various issues related to fraud. In particular, accountants and auditors need to be aware of the types of fraud that clients and employees may be committing, especially in light of myriad lawsuits against auditors and accountants. Topics include a review of the results of the fraud Report to the Nation, types of fraud, auditor’s role in addressing fraud, and the accountant’s responsibility for fraud in a compilation and review engagement. The course also discusses miscellaneous fraud-related issues including whistleblowing, anti-fraud measures, considering an entity’s fraud scorecard, and more.
Delivery Method: Online QAS Self Study.

Level: Overview.

Prerequisites: None

Advanced Preparation: General understanding of fraud issues and auditing standards

Author: Steven Fustolo, CPA

Publication: February 10, 2014
Update: June 2017

Format: PDF

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

• Identify examples of fraud cash disbursements
• Identify the difference between fraud and an error
• Recognize some of the conditions of the fraud triangle
• Identify examples of financial statement fraud
• Identify types of misappropriation of assets
• Identify additional procedures an auditor is required to perform to deal with the risk of management override of internal controls
• Identify examples of missed audit procedures involving the detection of fraud
• Identify audit procedures an auditor should perform to address certain frauds involving revenue
• Identify the elements of a fraud predator profile
• Identify some of the whistleblower protections for employees
• Identify the requirements for reporting fraud under the compilation and review standards
• Identify some of the recommendations to minimize a CPA’s exposure to fraud risk

Overall Course Rating: 5 Stars – Jennifer B. 12/28/2018

Overall Course Rating: 5 Stars – Anonymous 12/21/2018

“I appreciate the high quality of your courses.” Overall Course Rating: 5 Stars -Pam P. 9/2017

5 Star CPE Rating

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