CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Forensic Accounting Including Preventing and Detecting Fraud in the Post-Covid-19 Pandemic

  • CPA (CA)
  • CRMA
  • CFF
  • CFEs
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • IAP
  • QIAL
Forensic Accounting Including Preventing and Detecting Fraud in the Post-Covid-19 Pandemic

1 Credit

$10

Subject Area

Accounting

Webinar Qualifies For

1 CPE credit of Accounting for all CPAs

1 CPE credit for Certified Management Accountants (CMA)

1 CPE credit for Certified Internal Auditors (CIA)

1 CPD credit (Verifiable) for Canadian CPAs

1 CPE credit of Forensic Accounting for CVAs (NACVA)

1 CPE credit for Certified Fraud Examiners (CFEs)

1 CPE credit for Certification in Risk Management Assurance (CRMA)

1 CPE credit for Internal Audit Practitioner (IAP)

1 CPE credit for Qualification in Internal Audit Leadership (QIAL)

1 CPD credit (Verifiable) for CPA/CFF

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Course Description

Companies of all sizes are susceptible to employee fraud including embezzlements, thefts, and misappropriations of assets as well as Financial Reporting Fraud (FRF), or “cooking the books”, in order to show a rosy picture of the company so that it appears more attractive to investors than it really is. The 2019 Association of Certified Fraud Examiners (ACFE) Report to the Nations reveals that the “typical organization loses 5% of revenues in a given year as a result of fraud, which exceeded $6.3 billion, with an average loss per case of $2.7 million”.

This can occur in situations where there are :

  • Unexplained accounting anomalies
  • Unusually rapid revenue or profit growth
  • Weak internal controls
  • Aggressive financial actions by senior management, among other things. 


The existence and persistence of FRF have undermined the integrity and reliability of public financial information, eroded investor confidence, and has had detrimental effects on the safety, soundness, and efficiency of financial markets worldwide. The very viability of the business, as well as the safety of financial markets in general, are threatened when the existence and persistence of FRF go undetected. Financial reporting fraud can be detected with effective corporate governance, which includes effective anti-fraud policies and programs by the board of directors, management, and auditors. The various ways of detecting financial fraud include:

Effective anti-fraud programs, —focusing on fraud awareness and education in the workplace environment

Whistle-blowing policies and procedures of encouraging employees to report suspicious behavior without fear of reprisals

Adequate internal control procedures designed to prevent and detect fraud

Conducting surprise audits—are all examples of actions that the board of directors, management, and other corporate gatekeepers can take to significantly reduce FRF. 

Please join Zabihollah (Zabi) Rezaee, noted educator, author, and speaker in this Online CPE/CPD Webinar as he discusses how anti-fraud policies, programs, and procedures should be designed to deter, prevent, and detect financial reporting fraud. Dr. Rezaee will offer insights concerning the role of forensic accounting, ethics, and corporate governance in forensic accounting education and practice, including a discussion of corporate culture, control structure, and fraud procedures designed to detect financial reporting fraud before irreparable damage has been done.


Learning Objectives

  • To examine Forensic Accounting
  • To discuss the significance of financial reporting fraud
  • To understand the causes and consequences of financial reporting fraud
  • To understand the antifraud roles and practices of corporate gatekeepers including the board of directors, management, regulators, internal auditors, and external auditors
  • To review the role of corporate culture, control structure, and antifraud procedures in preventing and detecting financial reporting fraud

Who Should Attend?

  • Accountant
  • Accounting and audit managers/practitioners
  • Accounting Firm
  • Accounting Managers
  • Auditors
  • Bookkeepers & Accountants & Tax Preparers
  • Certified Fraud Examiner
  • Certified Management Accountant
  • Certified Valuation Analysts
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Forensic Accountant
  • Forensic Auditor
  • Fraud & Forensic Auditor
  • Fraud Analyst
  • Fraud Examiner
  • Fraud Investigator
  • Senior Accountant
  • Young CPA

Testimonial

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