Winning the Fraud Battle in the 21st Century: Prevention and Detection

Course Details

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Course Description

Fraud continues to plague businesses at epidemic levels and internal control omissions and failures are a large reason because of which fraud occurs.

SAS No. 122, AU 240, Consideration of Fraud In A Financial Statement Audit states that auditors fail to detect fraud for two basic reasons: 

  • They don’t know what fraud looks like.
  • They don’t know how to look for a fraud. 

Organizations are relying on accounting professionals like you for proactive fraud detection and prevention strategies. This presentation discusses the many indicators of fraud that the auditor should always be cognizant of and the audit procedures specifically designed to detect fraud. In addition, the concept of professional skepticism, how one obtains it and its importance in detecting fraud will also be discussed.

MAJOR TOPICS COVERED:

  • Fraud’s cost – ACFE’s Report to the Nations; Ancillary costs
  • Power of morale – Shrink the fraud triangle; Motivation
  • Why good folks go bad
  • Combating fraud with controls
  • Fraud prevention checklists

Join this Webinar to stay up-to-date on the latest fraud schemes, as well as successful technologies and techniques for combating fraud before the financial loss hits home.

Learning objectives

  • To understand the prevalence of fraud
  • To understand that how fraud looks like & how to detect it.
  • To know about different types of myths related to fraud.
  • To learn about the major causes of the fraud.
  • To develope the perception of detection.
  • To understand the importance of the control environment.
  • To learn about common type of frauds detected in investigations.

About Presenter

Dennis F. Dycus, CPA, CFE, CGFM, recently retired after 39 years with the Office of the Comptroller of the Treasury of the State of Tennessee as Director of the Division of Municipal Audit. He was responsible for the audits of all local governments in Tennessee, with the exception of counties and their affiliated units, as well as conducting investigations related to fraud, waste, and abuse in local governments. He’s an active member of the AICPA, the Government Finance Officers Association, the Association of Government Accountants (AGA), and a charter member of the Association of Certified Fraud Examiners (ACFE). 


Dennis has developed and conducted training programs in all 50 states, Canada, Guam, Europe, Canada, and Puerto Rico for organizations, such as the Association of Certified Fraud Examiners, the AICPA, numerous state CPA societies, the Government Finance Officers Association, the Association of Government Accountants, IBM, the Securities and Exchange Commission, the U.S. Department of Labor, the U.S. Environmental Protection Agency, the Government Accountability Office, and others. For Western CPE, Dennis writes self-study courses and presents webcasts. His programs are related to the detection and prevention of fraud as well as all aspects of governmental accounting, auditing, and financial reporting. In addition, Dennis has authored articles on fraud for several national publications.

He has been awarded the AGA’s National Education Award, the ACFE’s Distinguished Achievement Award, the TSCPA’s Outstanding CPA in Government Award, and the ACFE’s Outstanding CFE in Government Award, to name but a few.

FAQ

  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete webinar and respond to all polling questions asked during the webinar. CPE is issued on 50 minute credit hour basis.
  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you are Canadian Chartered Professional Accountant (CPA) many of our courses qualifies for your verifiable CPD requirements you will get your certificate for the program. You can check a tab of “Webinar Qualifies for” for the same.However please do verify with respective regulatory body about the eligibility for the same.
  • Many of our courses are approved by “CFP Board” for CE credits of certified financial Planner(CFP). Please check a tab of “Webinar Qualifies for” to verify whether webinar qualifies for CE credits for CFP or not.

Refund/Cancellation Policy

For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128

In case any of the course or live webinars gets cancelled we would be refunding you the entire amount (if paid).

NASBA Approved

MY-CPE LLC, 1600 Highway 6 South, Suite 250, Sugar Land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

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Monday, September 21, 2020 | 10:00 AM EDT View Details/Register
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Monday, September 21, 2020 | 10:00 AM EDT View Details/Register
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Monday, September 21, 2020 | 10:00 AM EDT View Details/Register
Revenue Recognition Considerations for Not-for-Profit Entities
Monday, September 21, 2020 | 10:00 AM EDT View Details/Register
BASIS CALCULATIONS & DISTRIBUTIONS FOR PASS-THRU ENTITY OWNERS SCHEDULE K-1 ANALYSIS (LATEST)
Monday, September 21, 2020 | 08:00 AM PDT View Details/Register
Yellow Book Boot Camp: Part 1 – Introduction to NFP and Governmental Accounting & Auditing
Monday, September 21, 2020 | 08:00 AM PDT View Details/Register
The Secure Act Is Now Law: Are You Fully Prepared? THE TEN-YEAR RULE – EVERYONE NEEDS TO RECONSIDER EVERYTHING! A NEW PRESENTATION FILLED WITH FRESH IDEAS
Monday, September 21, 2020 | 11:30 AM EDT View Details/Register
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Monday, September 21, 2020 | 12:00 PM EDT View Details/Register
  • Cost $20
  • CPE Credits 2
  • Subject Area Auditing
  • Course Level Basic
  • Instructional Method group internet based
  • Prerequisites None
  • Advanced Preparation None
  • Who should attend? CPA - Small Firm CPA - Mid Size Firm CPA - Large Firm Accounting Firm CPA (Industry) Auditors Young CPA CPA in Business Entrepreneurial CPA
  • Handout Material Download

upcoming Live CPE Webinars

Partnership Preparation, Basis Calculations & Distributions–Form 1065 Schedule K & K-1 Analysis
Friday, September 18, 2020 | 10:00 AM EDT View Details/Register
BEST TAX RETURN WORKSHOP ON S CORPORATION (1120S)
Friday, September 18, 2020 | 08:00 AM PDT View Details/Register
Individual Tax Update 2020
Friday, September 18, 2020 | 03:30 PM EDT View Details/Register
IRS Issues Informal CARES Guidance on IRAs and Qualified Plan
Friday, September 18, 2020 | 04:00 PM EDT View Details/Register
QBO: For Progress Invoicing and Job Costing with Latest Updates
Monday, September 21, 2020 | 09:00 AM EDT View Details/Register
FASB ASC 606 : TIPS ON ACCOUNTING & AUDITING FOR REVENUE RECOGNITION
Monday, September 21, 2020 | 09:00 AM EDT View Details/Register
Budgeting using Excel
Monday, September 21, 2020 | 09:00 AM EDT View Details/Register
Passive Activity Loss Limitations: Working with the Complex PAL Rules & Real Estate Tax Issues.
Monday, September 21, 2020 | 10:00 AM EDT View Details/Register
DUTY TO REASONABLY ACCOMMODATE: THE ADA, TITLE VII & FMLA
Monday, September 21, 2020 | 10:00 AM EDT View Details/Register
Best Overview on Individual Tax Updates 2020 (Basic)
Monday, September 21, 2020 | 10:00 AM EDT View Details/Register
Revenue Recognition Considerations for Not-for-Profit Entities
Monday, September 21, 2020 | 10:00 AM EDT View Details/Register
BASIS CALCULATIONS & DISTRIBUTIONS FOR PASS-THRU ENTITY OWNERS SCHEDULE K-1 ANALYSIS (LATEST)
Monday, September 21, 2020 | 08:00 AM PDT View Details/Register
Yellow Book Boot Camp: Part 1 – Introduction to NFP and Governmental Accounting & Auditing
Monday, September 21, 2020 | 08:00 AM PDT View Details/Register
The Secure Act Is Now Law: Are You Fully Prepared? THE TEN-YEAR RULE – EVERYONE NEEDS TO RECONSIDER EVERYTHING! A NEW PRESENTATION FILLED WITH FRESH IDEAS
Monday, September 21, 2020 | 11:30 AM EDT View Details/Register
Opportunity Zone Fundamentals – Structure, Compliance Requirements And Tax Filing Mechanics
Monday, September 21, 2020 | 12:00 PM EDT View Details/Register