Assessing Fraud Risks: Understanding Common Fraud Schemes ON DEMAND
Available Until
Your Desk
7.0 Credits
Member Price $203.00
Non-Member Price $233.00
Overview
In Assessing Fraud Risks: Understanding Common Fraud Schemes, Marshall Romney details all of the important aspects of an audit. You’ll cover everything from planning for the audit to completing your report, with details on each step in the process explained. Examples of real frauds perpetrated are included, giving you case studies to assess and analyze, training you to identify how a fraud begins and is executed. You’ll also receive guidance on all of the relevant proclamations and publications regarding the legal requirements of the auditor. This course will give you a complete view of the functions, limitations, and responsibilities of the auditor, leaving you with a firm grasp of how to organize and implement an audit.
Highlights
Fraud Studies and Statistics. Fraudulent Financial Reporting Risk Factors. Misappropriation of Assets. Auditing. Identifying and Assessing Risks. Assessment Results Response. Revenue Recognition Fraud. Disclosure Failures. Studying Fraud Schemes.
Prerequisites
None.
Designed For
CPAs, auditors, accountants, controllers and financial professionals.
Objectives
Define fraud. List the conditions necessary to commit fraud. Identify the types of misstatements that occur when fraud is committed. Cite the requirements outlined in SAS No. 82 and 99 as well as AU-C 240. Identify fraudulent financial reporting risk factors, which include pressure/incentive risk factors, opportunity risk factors, and attitude/rationalization risk factors.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Marshall Romney, Marshall B Romney & Assoc
Marshall Romney, CPA, is a Professor of Accounting at Brigham Young University. He holds a Bachelor’s and Master’s degree from BYU and PhD from the University of Texas at Austin. He was an auditor with a national CPA firm. Marshall has published many articles and manuscripts in academic and professional journals and is the coauthor of eight books. He is the recipient of numerous research grants for CPA firms, the Institute of Internal Auditors, and the American Accounting Association. Marshall has presented papers at professional conferences and has given many speeches and radio and television interviews on the topic of fraud and white-collar crime. He has also developed computer training courses for CPA firms, IBM, the FBI, and several universities. Marshall is a member and past president of the Information Systems/Management Advisory Systems section of the American Accounting Association. He was an advisor to the National Commission on Fraudulent Financial Reporting.
Non-Member Price $233.00
Member Price $203.00