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Money Laundering Risks and Countermeasures for Accountants and Other Professionals

  • Accountant
  • CPA (CA)
  • CRMA
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CPA (US)
  • CVA
  • CA - ICAEW
  • IAP
  • QIAL
  • ACCA
  • MAFF
  • CTP
  • CBA/MCBA
  • CA - Ireland
  • CA - Scotland
  • CPA - Ireland
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

The profitable crime left unchecked leads to more crime and encourages more criminal participants. International crime control efforts have therefore focused on trying to take the profit out of crime. In turn, criminals have developed measures to complicate and disguise the sources and uses of their funds - more commonly known as money laundering. As professionals knowledgeable in financial systems, lawyers, accountants, and others with specialized knowledge are called upon to launder the proceeds of crime, wittingly and not.

At the same time, governments around the globe have enlisted professionals to help in the fight against money laundering by assessing their risks, implementing countermeasures, and furnishing intelligence.

This CPE Auditing webinar for CPAs will take a comprehensive approach and cover the following:

  • Survey the threats, 
  • The countermeasures, and 
  • The practical measures professionals can take as deputies in the fight against financial crime.

Learning Objectives

  • To recognize the ways professionals are exploited for money laundering facilitation domestically and internationally.
  • To explore the ways the international community calls on professionals to contribute to the fight against money laundering, as well as the design and effectiveness of those measures in Canada.
  • To identify the actionable steps professionals can take to prevent, detect and deter money laundering.

Recommended For

  • This online course is recommended for CPAs, CMAs, Auditors, Internal auditors, CFOs, and business owners. 
  • This webinar is good for CIAs, CRMAs, and all the titles governed by IIA.

Who Should Attend?

  • Accountant
  • Accounting and audit managers/practitioners
  • Accounting Firm
  • Auditors
  • Business Owner
  • Certified Management Accountant (CMA)
  • Certified Public Accountant (CPA)
  • CFO/Controller
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Forensic Accountant
  • Forensic Auditor
  • Fraud & Forensic Auditor
  • Fraud Examiner
  • Risk Managers

Course Qualification

Webinar Qualifies For

  • 1 CPE Credit of Auditing for Qualification in Internal Audit Leadership (QIAL)
  • 1 CPE Credit of Auditing for Internal Audit Practitioner (IAP)
  • 1 CPD Credit of Auditing for Chartered Professional Accountant (CPA Canada)
  • 1 CPE Credit of Auditing for Certified Public Accountants (CPA-US)
  • 1 CPE Credit of Fraud risks for Certified Internal Auditors (CIA)
  • 1 CPE Credit of Money Laundering for Certified Fraud Examiner (CFE)
  • 1 CPD Credit of Money Laundering for Certified Financial Forensics (CFF)
  • 1 CPE Credit of Auditing for Certification in Risk Management Assurance (CRMA)
  • 1 CPE Credit of Auditing for Certified Government Financial Manager (CGFM)
  • 1 CPE Credit of Fraud for Certified Valuation Analyst (CVA)
  • 1 CPE Credit of Fraud for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
  • 1 General Credit of Auditing for Accountant/Bookkeeper/Tax Professionals
  • 1 CPD Credit for CA - ICAEW
  • 1 CPD Credit for Chartered Certified Accountants (ACCA)
  • 1 CPD Credit for Chartered Accountants - Ireland (CAI)
  • 1 CPD Credit for Chartered Accountants - Scotland
  • 1 CPD Credit for CPA - Ireland
  • 1 CPE Credit of Auditing for Master Analyst In Financial Forensics (MAFF)
  • 1 CRE Credit of Detect and mitigate fraud for Certified Treasury Professional (CTP)

Additional details

  • Course Level :
    Basic
  • Credits :
    1
  • Instructional Method :
    Group Internet Based
  • Pre-requisites :
    None
  • Advance Preparation :
    None

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.

Presenter

About Presenter

Matt McGuire

Co-Founder and Practice Leader, The AML Shop

Matt McGuire is the Co-Founder and Practice Directorof The AML Shop. Launched in 2015, The AML Shop’s team of veteran compliance executives empowers businesses with the most practical, informed and strategic regulatory support services with the goals of helping clients manage risk, maximize opportunities and achieve and maintain compliance.

For over 15 years, Matt has served as an advisor to Canadian, American and foreign governments, as well as the United Nations Office on Drugs and Crime.  For two years, Matt led remediations at various U.S. financial institutions, as part of Deloitte’s financial advisory services practices. Matt has been consulting U.S. institutions with operations in Canada, on cross-border compliance program development and has conducted compliance effectiveness reviews for U.S. operations of banks, foreign exchange companies and money services businesses.

For four years, Matt was the leader of the National Anti-Money Laundering Practice as well as the Ontario region investigative and forensic services group at MNP LLP. He was the partner-in-charge of MNP’s forensic accounting contract with the Toronto Police Services Financial Crime Unit. 

Matt holds an Honours BA and a Master of Accounting degree from the University of Waterloo and a diploma in investigative and forensic accounting from the University of Toronto. He is also a Certified Cryptocurrency Investigator. 

Ever committed to learning and advancing the knowledge exchange within his industry, Matt founded the Seneca College Institute for Financial Crime Analysis and is also an instructor for the University of Toronto’s Master of Forensic Accounting program.

With the changing landscape of financial technologies, currencies and markets, Matt’s expertise is constantly evolving and in demand. This includes his current role overseeing the monitoring of cryptocurrency exchange risk and transactions for cryptocurrency companies and their financial institutions. He holds an advisory role to digital currency exchanges, regulatory technology companies and blockchain-focused exempt market dealers.

Matthew authored the CPA’s, Canada’s AML Guide for Accountants, as well as many other articles and papers. He has served as a member of the Department of Finance’s Private-Public Advisory Committee on AML and ATF, as well as the Chair of the AML Committee of CPA Canada, and is a member of the ATM Industry Association Bitcoin Governance and Risk Committee.

About Company

The AML Shop

www.theamlshop.ca/

Our team of veteran compliance executives empowers businesses with the most practical, informed and strategic regulatory support services. Our goals are to help our clients manage their risks, maximize their opportunities and achieve and maintain compliance. We provide: expert advice; support with regulatory exams; development and reviews of financial crime compliance and risk management programs; assistance with the selection, enhancement (tuning) and validation of technology; and the management of your compliance functions or staffing of your compliance teams.


Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
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  • 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 still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review

4.3

30 Ratings

Excellent

12

Very Good

16

Average

2

Poor

0

Terrible

0

AK

Arthur Kulback, CPA (US)

May 18th, 2022

SPEAKER WAS SUPERB. VERY KNOWLEDGEABLE..

CHS

Charles H. Schweiger, CPA (US)

Jan 25th, 2022

Very good and timely information.

JH

Jean Hess, CFE, CPA/CITP, CPA (US)

Jan 24th, 2022

Great presentation

TG

Tishia Guess, Tax Professional, RTRP

Aug 31st, 2021

The instructor was speaking a little fast but I was able to follow along with the Power Point.

Money Laundering Risks and Countermeasures for Accountants and Other Professionals

PREMIUM

1 Credit

Subject Area

Auditing

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