8 CPE credit for Certified Internal Auditors (CIA)
8 CPE credit for Certified Fraud Examiners (CFEs)
8 CPE credit for Certification in Risk Management Assurance (CRMA)
8 CPE credit of Auditing for all CPAs
8 CPE credit for Certified Management Accountants (CMA)
8 CPE credit for Internal Audit Practitioner (IAP)
8 CPE credit for Qualification in Internal Audit Leadership (QIAL)
8 CPD credit (Verifiable) for Canadian CPAs
8 CPD credit (Verifiable) for Certified Valuation Analyst (CVA)
8 CPD credit (Verifiable) for CPA/CFF
8 General Educational credit for Tax Professionals / Bookkeepers / Accountants
understand salt compliance, economic nexus, wayfair case in the new era of e-commerce
Mar 18, 2021 | 03:00 PM EDT
accounting policies, changes in accounting estimates and errors
Apr 21, 2021 | 10:30 AM EDT
introduction to excel pivottables
Apr 21, 2021 | 01:00 PM EDT
critical impact of the secure & cares acts on your clients retirement and estate plans (latest 2021)
Apr 23, 2021 | 02:00 PM EDT
crucial insights & tax strategies on s corporation
Apr 27, 2021 | 10:00 AM EDT
top 10 things all cpas need to know about irs representation
Apr 27, 2021 | 01:30 PM EDT
form 1040nr nonresident alien filing challenges and effective approaches
Apr 30, 2021 | 01:30 PM EDT
comprehensive guide to identity theft with case studies
May 13, 2021 | 10:00 AM EDT
complete cfo guide on analytics,corporate performance management,budgeting,reporting
May 13, 2021 | 10:00 AM EDT
noteworthy salt developments: from wayfair and beyond, revolutionary changes to state tax landscape
May 13, 2021 | 02:30 PM EDT
qualified business income deduction (qbi/section 199a)
May 13, 2021 | 02:30 PM EDT
capital gains and other proposed tax changes in the infrastructure bills
May 13, 2021 | 03:00 PM EDT
restaurant revitalization fund and all you need to know
May 13, 2021 | 03:30 PM EDT
savvy social security planning: all you need to know about social security claiming strategies
May 13, 2021 | 04:00 PM EDT
excel accountant: beyond vlookup
May 14, 2021 | 10:00 AM EDT
In this 8 hour session, Mark Dauberman will explain a defined methodology with a step by step approach to fraud risk identification for asset misappropriation schemes and identifying the signs that may be indicators of fraud and the controls that may be effective for prevention. This CPE webinar will explore the ways inventory fraud may be committed and both common controls intended to prevent them as well as unconventional controls that may prove more effective when it comes to fraud prevention. The discussions will show how to incorporate the methodology into the planning stage of the audit.
Session 1- FRAUD ESSENTIALS
For decades, the Association of Certified Fraud Examiners has been estimating the amount that entities lose to fraud on an annual basis. In their “Report to the Nations – 2020 Global Study on Occupational Fraud and Abuse”, it estimates that entities lose roughly 5% of their revenues to fraud, comparable to findings in earlier years. Despite endless studies on why and how it occurs, the creation of systems or controls to prevent it, and the development of internal reports to detect it, fraud continues to be a problem.
While many agree that it is a problem that will probably never be solved, there are approaches that may be more effective at mitigating it. This course looks at the profiles of the various types of fraud perpetrators, how it is committed, and the conditions under which it is likely to be successful.
This knowledge enables those responsible for the prevention or detection of fraud to establish different types of controls that will be more effective for different types of perpetrators, develop processes that make committing fraud more difficult, and modify the environment to avoid conditions that contribute to the success of fraudulent acts.
Any solution will involve the development of internal control activities, but it must be understood that conventional controls are rarely effective at fraud prevention. This course will identify the characteristics of controls that are more likely to be effective and provide examples of unconventional controls that have proven to be effective.
Major Topics Covered :
Session 2- FRAUD PERPETRATORS AND HOW TO PREPARE FOR THEM
Fraud is an insidious crime. Commonly defined, fraud is an act in which attempts are made to deceive with promises of goods, services, or financial benefits that do not exist, were never intended to be provided, or were misrepresented. And each year, tens of millions of people fall prey to fraudulent schemes and practices. While conventional internal controls are rarely effective for preventing fraud, some less conventional controls have proven effective. One size, however, does not fit all. There are several different types of “typical” fraud perpetrators who commit fraud for different reasons, perform their fraudulent acts in different manners, and have different views on how their acts can be rationalized.
This course will profile 4 types of typical fraud perpetrators, and how the three characteristics of the fraud triangle, reason, opportunity, and rationalization, apply to each. We will then use this information to develop a fraud prevention strategy for each. The strategies will be used to develop specific controls and to describe the characteristics of controls more likely to be effective than others.
Major Topics Covered :
Session 3- PREVENT & DETECT CASH FRAUD
Revenue and cash receipts are two critical areas that require strong controls to prevent intentional fraud or unintentional misstatements. While there is well-publicized fraud in these areas in larger companies, it also occurs, and can even be more likely to occur, in smaller businesses and not-for-profit entities. A sound system of internal control is needed to help prevent fraudulent activities and reporting related to the revenue and cash receipts cycle.
According to the 2020 Report to the Nations, published by the ACFE, three of the five asset misappropriation schemes presenting the greatest risk involve the misappropriation of cash. They are:
A deficiency in internal control that prevents an entity from protecting its cash is putting that entity’s existence into jeopardy. It is the management’s responsibility to develop, implement, and maintain controls to protect the entity’s assets from misappropriation as well as to otherwise achieve management objectives. In addition, regardless of the actual relationship or the service performed by a CPA for a client, in many cases a client will hold the CPA responsible for the detection of fraud, and many even hold the CPA liable for fraud subsequently detected by others.
This course describes the most common types of fraud schemes used to misappropriate cash, including
Session 4-PREVENTING & DETECTING INVENTORY FRAUD
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.
Owner, Mark Dauberman
Mark provides CPE and technical staff training for CPA firms, private industry, state CPA societies, and government organizations. His topics include accounting, SSARS, ethics, fraud, internal and external auditing, internal control development (COSO), entrepreneurship, and developing a business plan. Mark is in the process of initiating a new entity, The Internal Control Institute, which will be offering CPE and staff training related to internal controls, and in conjunction with professors from Claremont Graduate University, will be providing internal control consulting.
Mark is also an expert witness in the defense of CPAs in cases involving primarily ethics, fraud, and compliance with standards in the performance of professional services.
Mark also provides consulting services to CPA firms with an A & A practice that do not have an expert on GAAP or requirements of Professional Standards within the firm. He addresses such matters as conformity with GAAP, adequacy of disclosures, compliance with professional standards, risk assessment, development and performance of audit and review processes, engagement documentation, compilation and preparation engagements, ethics and independence requirements, assessing and enhancing internal controls for the firm and clients, preparation for peer review, and staff training and CPE. He also provides consulting services related to client management and marketing.
Mark’s public accounting experience includes working with Kenneth Leventhal & Company and more recently, he was a partner at NSBN, a Beverly Hills CPA and business consulting firm. Mark’s industry experience includes serving as assistant controller of a large trucking and warehousing firm along with controller and Vice President of Finance and Administration for major real estate development companies. Mark also spent nearly 30 years as an entrepreneur, operating a company that prepared individuals for the CPA exam nationwide.
Mark has been involved in accounting education at CSU Northridge, CSU San Bernardino, Loyola Marymount University and UCLA. He obtained his bachelor’s degree in accounting from CSU Northridge. He obtained his Executive MBA at the Peter Drucker and Masatoshi Ito School of Management at Claremont Graduate University, where he previously had been a student of Dr. Drucker’s. He also obtained an Internal Control Certificate from COSO. Until recently, he authored “Knowledge Based Preparation, Compilation, and Review Engagements” for CCH and updated their checklists for SSARS engagements. He also served as Senior Editor for Roger CPA Review.
Mark Currently provides CPE and technical staff training for CPA firms, private industry employers of accountants, and government organizations on topics that include accounting, compilation and review, fraud, internal and external auditing, developing internal controls, strategic planning, and practice management. He is also the Senior Editor for Roger CPA Review Course and authors CCH’s “Knowledge-Based Compilations and Reviews”.
Mark’s public accounting experience includes working with various local firms throughout high school and college, and employment with Kenneth Leventhal & Company. More recently, he was a partner at NSBN, a Beverly Hills CPA and business consulting firm, where he served as director of the audit practice and was responsible for recruiting, training, business development, quality control, and strategic planning for the firm. Mark’s industry experience includes serving as assistant controller of a large trucking and warehousing firm. He has been both a controller and the Vice President of Finance and Administration for major real estate development companies. Mark also spent nearly 30 years as an entrepreneur, operating a business that prepared individuals for the CPA exam.
Mark taught his first university accounting class in 1969 and has been involved in accounting education since, most recently a visiting lecturer at California State University at San Bernardino.
Mark obtained his bachelor’s degree in accounting from California State University at Northridge. He obtained his Executive MBA at the Peter Drucker and Masatoshi Ito School of Management at Claremont Graduate University, where he previously had been a student of Dr. Drucker’s.
Array ( [no_of_record] => 43 [average] => 4.0233 )
Francois Bikolimana, CPA
Nov 6th 2020
Interesting course with videos, case studies and solutions. Learnt new terms and definition on the different ways to fraud and how to prevent it. You may already know some of the internal controls processes if you were from finance or audit sector though. Notes in pdf to enable students to follow through and reinforce the learning experience.
Jordan Lee, CPA
Oct 30th, 2020
The concepts were easy to understand since I already had a fair idea about accounting however, sometimes the visualization seemed to distract me from the course... Perhaps another type of visualization is better.
Vasyl Khokhla, CPA
Oct 30th, 2020
This course has been absolutely amazing. My understanding and knowledge of the different types of skimming and forensic accounting overall have increased. The lecturer also makes it very easy to understand by including the implementation of cartoon characters and visual examples.
Brent Wordelman, CPA
Oct 1st, 2020
I did not know about Forensic Accounting and the methods of fraudulent actions against businesses. I learned a great deal to begin. I think the course was pretty much perfect with they way it is designed to provide information and then , insure than information was learned. The quizzes are not difficult as long as you don't fall asleep. He teaches the information well.
Debbie Hendrix, CPA
Sep 30th, 2020
If you want profound and holistic knowledge of Accounting and Auditing, then this is the right CPE course. This course gives insights into various types of frauds that take place in the Finance domain. It highlights different forensic auditing methods which are used to tackle the frauds, gives insights to the investigation methods. The course also offers various case studies which makes it easy to understand the problems, questions and examine the study and thus, get a quality knowledge about the subject.
Susan Lapanne, CFE, CPA, CGMA
Feb 17th, 2021
Mark is an outstanding presenter and his practical approach to fraud made this webinar especially good and relevant. I truly appreciated his citations and I will buying a couple of the books that he suggested. And as always, the best examples are often on YouTube - and Mark's selection of those pieces was also excellent!