Overview
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Fraud auditing overview
21 mins
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Occupational fraud
44 mins
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What does a white-collar criminal look like?
61 mins
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IIA standards on fraud
102 mins
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Which of the fraud triangle must be present in order for a fraudster to commit fraud?
120 mins
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How to minimize fraud risk
146 mins
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Referring cases to law enforcement
178 mins
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ICW that contribute to OCC Fraud
220 mins
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5 Things about COVID HC fraud
277 mins
Course Description
The financial pressures on organizations and individuals due to the pandemic’s economic impacts have become crushing. Unemployment and unrest have seen historic highs. Cash flows have slowed to a trickle. With no visible end to our current uncertainty, many business owners are desperately struggling to make ends meet. This pressure builds and builds, and eventually engulfs the business’ suppliers, employees, and partners, continuing the cycle.
Today’s environment also exponentially increases the opportunities for fraud. Fraud continues to plague businesses at epidemic levels and internal control omissions and failures are a large reason why fraud occurs.
Business fraud is a significant, and growing problem. Hardly a day goes by without news reports of organizations being hacked or having their data hijacked. Phishing scams and ID theft are also serious threats to businesses. According to data produced by Accenture, 43% of cyber-attacks are aimed at small or medium-sized organizations, but only 14% of those organizations are well protected. Around 60% of successful internet fraud cases are the result of phishing emails, and 30% of cases result from ID theft.Â
This CPE course shows the auditor how to detect fraud. It does so by discussing fraud risk indicators and other clues indicating the presence of fraud and itemizes the many extended audit procedures that can be used to detect traces of fraud.Â
Following are the major topics covered in this Fraud CPE webinar:
- Occupational Fraud
- Examples of actual frauds
- How frauds are being committed and uncovered
- Various methodologies for detecting fraud
- Internal Controls for Preventing & Detecting Frauds
- Reporting of fraud
- Fraud red flags
- Management’s role in fraud
- Cyberattacks
In this CPE Audit course, we will review various methodologies for detecting frauds and will discuss developing internal controls to help prevent and detect frauds.
Learning Objectives
- To explain key fraud risks.
- To identify leading practices in fraud detection.
- To discuss fraud red flags and what to look for during the audit.
- To integrate fraud-related audit steps into every audit and how to interlink the fraud risk assessment into your audit work.
- To analyze key audit risks of fraud.
Recommended For
- This CPE course is recommended for CPA, CIA, IAP, QIAL, CFE, CFF, CVA, CBA/MCBA, CGFM, MAFF, CTP, CRMA, CFIRS, CWS, Risk Managers, Managers, and Compliance Managers desiring to learn various methodologies for preventing, detecting, and preventing frauds.
Who Should Attend?
- Accountant
- Accounting Firm
- Accounting Managers
- Auditors
- CPA (Industry)
- CPA - Mid Size Firm
- CPA - Small Firm
- Entrepreneurial CPA
- Forensic Auditor
- Fraud & Forensic Auditor
- Young CPA