ACCOUNTING FRAUD & EMBEZZLEMENT: CASE STUDIES FROM THE TRENCHES

4.6 (23)

Allison McLeod, DL

Allison M. McLeod LL.M. CPA A PLLC

  • CPA
  • CMA
  • CGMA
  • CFE
  • CPA(Canada)
  • CCSA
  • CIA
  • TEP
  • CRMA

Before starting this self study program, please go through the instructional document.

Overview

  • Key reasons for some entities being exposed to Fraud and Embezzlements10 mins
  • Who are Trusted Insiders?20 mins
  • AICPA Code of Professional Conduct30 mins
  • Integrity & Objectivity Rules40 mins
  • Responsibilities towards Client, Employers, and Public50 mins
  • Case Studies – Facts, Perpetuator details, Scam, and failures in the system60 mins
  • What can you do to protect your organization?70 mins
  • Understanding the role of Internal Control80 mins

Course Description

Governmental entities are the second-largest victims of embezzlement. This seminar examines recent events involving the theft of public money and the circumstances that allowed the fraud to occur. Case studies we will examine include the 2012 $54 million embezzlements from the City of Dixon by Rita Crundwell. The events that impacted the small Illinois town of 16,000 residents was the largest governmental fraud case to date and spanned an astonishing 20 years. This remarkable story inspired an award-winning documentary, “All the Queen’s Horses.” We will also be examining the factors that led to the scandals involving the Baptist Foundation of Arizona, World Com, Collin Street Bakery and the Ohio American Cancer Society, among others. This course is ideal for CPAs, government finance personnel, all Internal Auditors, lawyers, governance professionals, accountants and human resource personnel.Governmental entities are the second-largest victims of embezzlement.  This seminar examines recent events involving the theft of public money and the circumstances that allowed the fraud to occur. 

Case studies we will examine include the 2012 $54 million embezzlements from the City of Dixon by Rita Crundwell.   The events that impacted the small Illinois town of 16,000 residents was the largest governmental fraud case to date and spanned an astonishing 20 years.  This remarkable story inspired an award-winning documentary, “All the Queen’s Horses.”  We will also be examining the factors that led to the scandals involving the Baptist Foundation of Arizona, World Com, Collin Street Bakery and the Ohio American Cancer Society, among others.  This course is ideal for CPAs, government finance personnel, all Internal Auditors, lawyers, governance professionals, accountants and human resource personnel.

Learning Objectives

  • To recognize the factors that create an environment for fraud to easily occur.
  • Identify areas where there could be an inadvertent failure to separate duties.
  • To recognize the proper role of an external auditor and identify areas where independence can be compromised.

Who Should Attend?

  • Enrolled Agent
  • Tax Practitioners
  • Accountant
  • Business Owner
  • CPA - Small Firm
  • CPA - Mid Size Firm
  • CPA - Large Firm
  • Accounting Firm
  • Tax Pros
  • CPA (Industry)
  • Auditors
  • Tax Firm
  • Young CPA
  • CPA in Business
  • Entrepreneurial CPA
  • Outsourced CFO
  • Senior Accountant

Testimonial

4.6

(23)
61%
35%
4%
0%
0%

KH

Great case studies!

LS

Overall, this was a great program. Very interesting material.