External auditors only detect 3-5% of all fraud incidences. Get pragmatic guidance on detecting fraud. Discuss where fraud is most likely to occur. Learn to conduct inquiries and direct the audit in the areas of greatest concern; those most likely to be abused by perpetrators.
How is fraud detected? The role of external auditors in finding fraud. Revenue recognition issues. Corrupt management. Data mining. Physical and biometric controls.
Knowledge or experience in ethical considerations.
Accountants, auditors and financial professionals.
Determine how is fraud detected. Recognize the impact of professional pronouncements on finding fraud. Identify the largest area of financial statement abuse. Identify fraud in business. Identify fraud prevention. Recognize auditor liability and auditor defenses. Identify recent litigation affecting the accountant’s liability.
Dana Basney, California CPA Education Foundation
Dana A. Basney is a former shareholder in Mayer Hoffman McCann P.C. and a retired managing director of CBIZ MHM, LLC in charge of its San Diego forensic accounting services group. He is an experienced expert witness and has acted as a consultant to attorneys in civil and criminal cases in both Federal District Court and state courts. His testimony has involved accounting standards, accounting malpractice, business valuation, economic losses and tax issues. Basney has also been appointed as special master and joint expert in matters of valuation and accounting, and has acted as a mediator and settlement referee in numerous court cases.M/p> Since 1978, Basney has taught accounting and business classes. He teaches fraud examination and forensic accounting in the graduate program as well as undergraduate accounting at the University of San Diego, and has taught accounting at the University of California, San Diego’s extension program. Basney serves on CalCPA’s Ethics Committee and is the Professional Conduct Chair for the San Diego Chapter of CalCPA. He has many years of experience in defending accountants in malpractice actions and is a well-known lecturer on a variety of accounting topics, including ethics and fraud, and brings to each class much pragmatic experience which you will not find in a textbook.
Non-Member Price $209.00
Member Price $159.00