Published: May, 2022
Fraud is a threat to every organization.
It can cost millions of dollars. And as an auditor, we have to constantly be on the lookout for it. Every major audit standard has some kind of fraud provisions that auditors are required to follow. You can’t get around it. It starts with the planning process and carries throughout the audit engagement. Every auditor should be familiar with the key fraud red flags and the major fraud schemes.
Every internal auditor is required to look for indicators of fraud in every audit engagement. Every major audit association has a standard that speaks to fraud and how the auditor should handle it. That means that the auditor should be aware of the various audit schemes and what to look for.
The speaker in this CPE webinar on fraud will discuss the various fraud schemes and the departments where they are likely to be found.
This course offers information to assist audit professionals in looking for and addressing frauds in their organizations. It will look at various audit standards internal auditors are required to follow and the Fraud Triangle that gives the three factors for committing fraud. There are three major fraud schemes and several sub-schemes. The course will look at the various audit tests to identify possible audit tests for the various fraud schemes. The Association of Certified Fraud Examiners issued a comprehensive report on worldwide fraud.
Attendees in this CPE Auditing webinar will look at some of the key findings including the likely persons to commit frauds, the departments where frauds are likely to be committed, the schemes use, and the fraud red flags to look for. They will also look at the various possible audit tests to be done for the various audit schemes.
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.
Auditor, JonSherr Ent.
Mr. Keith has over 50 years of audit experience and served as the Chief Audit Executive for the Metropolitan Atlanta Rapid Transit Authority (MARTA) for 12 years before his retirement in 2012. His other audit experience includes serving as Operational Audit Manager for five years and was a Senior Auditor in the Contract Compliance Audit Branch at MARTA. He was also a Senior Auditor at Norfolk Southern Railway, and a Bank Examiner at the Federal Reserve Bank of Atlanta.
As the Chief Audit Executive for MARTA, he was responsible for administering the overall audit activities for the Department of Internal Audit including:
He was a volunteer seminar instructor for the Institute of Internal Auditors. Some of the courses taught included:
He has written three IIA Magazine articles including:
He has provided training for the Association of Certified Fraud Examiners Annual Conference:
He currently teaches audit webinars, including:
He has a degree in Economics from Clark Atlanta University. His certifications include Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), and Certified Government Auditing Professional (CGAP).
Mr. Keith has been married over 50 years. He also co-authored a book with his wife on marriage entitled “Tied Together – The Marriage Trinity”. He has two daughters and five grandchildren.
May 19th, 2022
A lot of slide reading - I would have much preferred if he gave examples and expounded upon the slides rather than reading them for me.