This course discusses the responsibility for fraud prevention and detection, the activities in which an auditor should engage, and the many extended audit procedures that can be used to detect traces of fraud. The course also covers the different ways in which financial statements can be fraudulently misstated, as well as fraud risk indicators and clues indicating the presence of fraud.
Fraud and the Auditor’s Role. Fraudulent Financial Reporting. Extended Audit Procedures.
CPAs, controllers, accountants, financing professionals, business owners, managers and others responsible for prevention, detection, or evaluation of potential fraud.
Recognize the components of the fraud triangle. Recognize who is responsible for fraud prevention and detection. Understand the reasons for professional skepticism in the conduct of an audit for fraud. Describe how to communicate to the client a discovery of fraud. Recognize the situations that create pressure for a client to falsify its financial statements, and more.
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $100.00
Member Price $87.00