Limited Period Access to myCPE Prime Unlimited CPE Access starting at $199. Subscribe Now

Using Data Analytics in a Fraud Examination

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

Course Description

Course Description

Data analysis is a powerful tool for fraud examiners.

Fraud can take place in many forms, and it affects all kinds of industries but the degree of harm is different for different industries. The sectors which frequently deal with fraud detection use several techniques to deal with the fraud. The main thing that they must do is to know the reason behind the fraud. Data analytics is the best tool that can help you know the reason behind frequent fraud at your workplace.

By searching for patterns, anomalies, trends, and outliers, you might discover a cleverly hidden scheme. A skillful fraudster is adept at covering his tracks. However, data analytics empowers you to uncover even the most thoroughly hidden fraud. Furthermore, data analytics can be used to continuously monitor an organization so that red flags of fraud are discovered and investigated as soon as they occur.

This CPE Auditing webinar is designed for individuals who would like to obtain a basic understanding of how to use data analytics to enhance a fraud investigation. We will review the various types of data analytics that are available to fraud investigators.

In this CPE/CPD course, speaker Robert Minniti will discuss the issues of validity and bias when performing data analytics. We will discuss using data analytics to detect possible fraud, identify suspects, and determine losses. We will also discuss using data analytics to determine or support the prediction of fraud.

Key Topics covered in this course are:

  • The elements of Fraud

  • Forensic accounting & Fraud investigations

  • Primary Data vs Secondary Data

  • Types of Data Analytics

  • Designing procedures for data analysis

  • Benford's Law

Learning Objectives

  • To Identify the benefits and challenges of using data analytics.
  • To categorize the phases of the data analysis process.
  • To recognize common red flags for data that appears to be suspicious or fraudulent.
  • To distinguish various data analysis techniques that can be applied based on the type of fraud scheme(s) under investigation.
  • To identify various types of data analytics that can be used to enhance a fraud investigation.

Recommended For

  • This Online CPE webinar is recommended for CPA, CIA, IAP, QIAL, CPA-CA, CFE, CFF, CVA, CBA/MCBA, CGFM, MAFF, CTP, CRMA, CFIRS, CWS, Finance professionals, Business owners, Financial consultants, Staff Accountants, and Anyone interested in obtaining a basic understanding of data analytics in a fraud investigation.
  • This CPD webinar is also recommended for Canadian CPAs, CA - ICAEW, ACCA, CA - Ireland, CA - Scotland, and CPA – Ireland interested in learning how their data analysis strategies work and how they can be strengthened.

Who Should Attend?

  • Accounting and audit managers/practitioners
  • Auditors
  • Certified Fraud Examiner
  • Certified Public Accountant (CPA)
  • CPA (Industry)
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Fraud Analyst
  • Fraud Examiner
  • Fraud Professionals
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 2 General Credit of Auditing for Accountant/Bookkeeper/Tax Professionals
  • 2 CPD Credit of Auditing for Chartered Professional Accountant (CPA Canada)
  • 2 CPE Credit of Auditing for Certification in Risk Management Assurance (CRMA)
  • 2 CPD Credit of Fraud prevention, detection and response for Certified Financial Forensics (CFF)
  • 2 CPE Credit of Data Analysis and Reporting Tools for Certified Fraud Examiner (CFE)
  • 2 CPE Credit of Data management and analysis for Certified Government Financial Manager (CGFM)
  • 2 CPE Credit of Data analytics for Certified Internal Auditors (CIA)
  • 2 CPE Credit of Auditing for Certified Public Accountants (CPA-US)
  • 2 CPE Credit of Fraud for Certified Valuation Analyst (CVA)
  • 2 CPD Credit for CA - ICAEW
  • 2 CPE Credit of Auditing for Internal Audit Practitioner (IAP)
  • 2 CPE Credit of Auditing for Qualification in Internal Audit Leadership (QIAL)
  • 2 CPD Credit for Chartered Certified Accountants (ACCA)
  • 2 CPE Credit of Auditing for Master Analyst In Financial Forensics (MAFF)
  • 2 CRE Credit of Detect and mitigate fraud for Certified Treasury Professional (CTP)
  • 2 CPE Credit of Fraud for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
  • 2 CPD Credit for Chartered Accountants - Ireland (CAI)
  • 2 CPD Credit for Chartered Accountants - Scotland
  • 2 CPD Credit for CPA - Ireland
  • 2 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 2 CE Credit for Certified Wealth Strategist (CWS)
  • 2 CPD Credit of Data Analysis and Reporting for Certified Information Technology Professionals (CITP)
  • 2 CPE Credit for Certified Information Systems Auditor (CISA)

Additional details

  • Course Level :
    Basic
  • Credits :
    2
  • 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

Dr. Robert Minniti

President, Minniti CPA LLC

Dr. Minniti is the President and Owner of Minniti CPA, LLC. Dr. Minniti is a Certified Public Accountant, Certified Forensic Accountant, Certified Fraud Examiner, Certified Valuation Analyst, Certified in Financial Forensics, Master Analyst in Financial Forensics, Chartered Global Management Accountant, and is a licensed private investigator in the state of Arizona. Dr. Minniti received his doctoral degree in business administration from Walden University, received his MBA degree and Graduate Certificate in Accounting from DeVry University’s Keller Graduate School of Management, and received his Bachelor of Science in Business Administration degree from the University of Phoenix. Dr. Minniti taught graduate and undergraduate courses in forensic accounting at DeVry University, Grand Canyon University, Kaplan University, Northwestern University, and the University of Phoenix.

He designed graduate and undergraduate courses for Grand Canyon University, Northwestern University, and Anthem College. He is a writer and public speaker. He has experience in forensic accounting, fraud examinations, financial audits, internal audits, compliance audits, real estate valuations, business valuations, internal control development, business continuation planning, risk management, financial forecasting, and Sarbanes-Oxley compliance work. Dr. Minniti is an instructor teaching continuing professional education classes for the American Institute of Certified Public Accountants, Compliance Online, CPE Link/CCH . AccountingEd, Global Compliance Panel, Clear Law Institute, CPE Solutions, Canopy CPE, The Institute of Management Accountants, the National Association of Valuators and Analysts, the Association of Certified Fraud Examiners, the Institute of Internal Auditors, and various state CPA Societies.

About Company

Minniti CPA LLC

www.minniticpallc.com

MINNITI CPA LLC is seeking professional, hard-working, licensed CPAs with at least four years of experience.

The Firm demands independence, integrity, objectivity, competence and due care from all of its personnel in the conduct of its engagements. Our Firm is structured to provide leadership in achieving high quality professional performance while maintaining the concept of individual responsibility. Policies and procedures have been established providing assurance that professional engagements are properly planned and executed. Decisions are based on the substance of issues, not on form.

Our policies and procedures designate Partners of the Firm for consultation on significant ethical, technical and industry questions. The policies and procedures are designed to assure that clients receive the best professional services we can provide. We continually keep in mind the public interest. We expect our Partners and Associates to identify and resolve all important engagement issues.

The job requires high level tax preparation skills, superior tax research and problem solving abilities, broad software knowledge, and excellent written and oral communication skills. We have a team approach to provide high quality client service for tax compliance, planning, financial statements, and general business consulting.

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.
  • Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
  • 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

27 Ratings

Excellent

13

Very Good

11

Average

2

Poor

1

Terrible

0

Using Data Analytics in a Fraud Examination | myCPE

PREMIUM

2 Credits

Subject Area

Auditing

Upcoming Webinars

Fraud Update - Latest
  • 4.6
  • (44)

Oct 03, 2022 | 09:00 AM EDT

The Power and Essentials of Estate Planning
  • 4.3
  • (51)

Oct 03, 2022 | 09:30 AM EDT

Introduction to the Estate Tax
  • 4.4
  • (68)

Oct 03, 2022 | 09:30 AM EDT

Pandemic Fraud
  • 4.1
  • (25)

Oct 03, 2022 | 10:00 AM EDT

Government Risk Assessments
  • 4.3
  • (17)

Oct 03, 2022 | 10:00 AM EDT

A to Z of time Value of Money
  • 4.5
  • (20)

Oct 03, 2022 | 10:00 AM EDT

Schedule C Updates
  • 4.8
  • (34)

Oct 03, 2022 | 10:00 AM EDT

Everything You Need to Know About Partnerships
  • 4.5
  • (90)

Oct 03, 2022 | 11:00 AM EDT

We use cookies to make your experience on this website better