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Practical Guide To Fraud including Cash, Inventory & General Frauds (Latest)

  • Accountant
  • CRMA
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CPA (US)
  • CVA
  • IAP
  • QIAL
  • MAFF
  • CTP
  • CBA/MCBA
  • CFIRS
  • CWS
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

Fraud is an insidious crime. For decades, the Association of Certified Fraud Examiners has been estimating the amount that entities lose to fraud on an annual basis. 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. In this full-day CPE Course, Mark Dauberman explains a defined methodology with a step-by-step approach to fraud risk identification for asset misappropriation schemes and indicators of fraud and the controls that may be effective for prevention.

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 deficiency in internal control that prevents an entity from protecting its cash is putting that entity’s existence in 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. A sound system of internal control is needed to help prevent fraudulent activities and reporting related to the revenue and cash receipts cycle. This online CPE course covers how relevant professionals can help in creating a system with strong internal controls.

Inventory is an important asset. It is one of the biggest assets in the case of manufacturers. But inventory is one of the hardest assets to measure and track if you do not have an established system running smoothly. From the internal control perspective, employees’ direct daily access to inventory or inventory accounting records and providing an ongoing temptation to steal or cook the books makes it really difficult to prevent and detect misbehavior. In this webinar, the speaker discusses how the inventory can be at risk, and why internal controls are crucial for the same. He will also explore the subject of the internal control for the inventory.

This online CPE webinar on Auditing covers the following Key Topics: 

  • The fraud triangle – the characteristics of fraud: Who commits fraud? How is it done? Why do they do it?
  • Profiles of typical fraud perpetrators, and fitting the fraud triangle to the profiles
  • What can we do to prevent or detect it? Characteristics of preventive controls and how to develop them
  • The conditions under which fraud will be successful
  • The impact on various financial statement components  
  • Identifying the signs that may be indicators of fraud and the controls that may be effective for prevention.
  • Cash fraud and inventory fraud: How it is committed? How to detect it? Which controls can help prevent it?

This CPE course also discusses information that can help build expectations to derive or develop analytical procedures and management reports to be useful for the detection and prevention of fraud. 

If you are interested in fraud prevention and detection, the Certified Fraud Analyst Course may interest you.

Learning Objectives

  • To recall the components of the COSO model of internal control and how they interact to prevent and detect fraud.
  • To recognize various ways for identifying vulnerabilities to fraud and finding the types of fraud preventive techniques that may be effective.
  • To recognize how the fraud triangle is applicable to the different fraudsters
  • To identify methods of creating an anti-fraud culture
  • To recognize different fraud schemes involving cash and the risk of each occurring

Recommended For

  • This online CPE webinar is recommended for CPAs, CFEs, CFFs, Internal as well as External Auditors, CEOs, CFOs, Managers and Directors, Business Owners, and Other Professionals desiring to have a comprehensive overview of different types of fraud and how to detect and prevent the same.

Who Should Attend?

  • Accountant
  • Accounting and audit managers/practitioners
  • Accounting Managers
  • Accounts Director
  • Auditors
  • Certified Fraud Examiner
  • Certified Management Accountant (CMA)
  • Certified Valuation Analysts
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Entrepreneurial Accountant
  • Forensic Auditor
  • Fraud & Forensic Auditor
  • Fraud Analyst
  • Fraud Detection Specialist
  • Fraud Examiner
  • Fraud Investigator
  • Senior Accountant
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 8 CPE Credit for Qualification in Internal Audit Leadership (QIAL)
  • 8 CPE Credit for Internal Audit Practitioner (IAP)
  • 8 CPE Credit of Fraud for Certified Valuation Analyst (CVA)
  • 8 CPE Credit of Auditing for Certified Public Accountants (CPA-US)
  • 8 CPE Credit of Fraud risks for Certified Internal Auditors (CIA)
  • 8 CPE Credit of Fraud Risk Assessment for Certified Fraud Examiner (CFE)
  • 8 CPD Credit of Fraud prevention, detection and response for Certified Financial Forensics (CFF)
  • 8 CPE Credit for Certification in Risk Management Assurance (CRMA)
  • 8 CPE Credit of Fraud for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
  • 8 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 8 CE Credit for Certified Wealth Strategist (CWS)
  • 8 General Credit for Accountant/Bookeeper
  • 8 CPE Credit for Certified Government Financial Manager (CGFM)
  • 8 CPE Credit for Master Analyst In Financial Forensics (MAFF)
  • 8 CRE Credit for Certified Treasury Professional (CTP)

Additional details

  • Course Level :
    Basic
  • Credits :
    8
  • 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

Mark Dauberman, CPA (US)

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.

About Company

Mark Dauberman

www.markdauberman.com

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.

Faq

FAQs content

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Ratings and Review

4.3

55 Ratings

Excellent

25

Very Good

22

Average

6

Poor

1

Terrible

1

CE

Craig Enos, CPA/ABV, CPA/CFF, CPA (US)

May 13th, 2021

Great material...I just wish I knew that the 8 hour course was a combination of shorter courses - a lot of stores told 2, 3, 4 times. Mark does an amazing job!

LR

Lisa Rastetter, Others

Jul 1st, 2021

Instructor was very clear and made the information relatable. There was some repetition over the 8 hour session.

AM

Amy Mccoy, CPA (US)

Dec 31st, 2021

I am really enjoying the format of my CPE. I am a new member and like the ease of being able to watch these courses from my phone.

TM

Tara Monico, CPA (US), SHRM - CP

Jan 27th, 2022

The materials provided only covered the first two hours of the eight hour webinar. I felt there was repeating. And the webinar went even longer than the 8 hours allocated for it.

Practical Guide To Fraud including Cash, Inventory & General Frauds (Latest)

$80

8 Credits

Subject Area

Auditing

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