What Every CPA Should Know About Fraud 2024
4.00 Credits
Member Price $159
Non-Member Price $209
Overview
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.
Highlights
- How is fraud detected?
- The role of external auditors in finding fraud
- Revenue recognition issues
- Corrupt management
- Data mining
- Physical and biometric controls
Prerequisites
Knowledge or experience in the field of Ethics comparable to the ethics exam required to obtain the CPA Certificate.
Designed For
Accountants, auditors and financial professionals.
Objectives
- 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
Preparation
None
Leader(s):
Leader Bios
Dana Basney
Dana A. Basney, MSBA, CPA, CFE, CIRA, CVA, ABV, is a shareholder in Mayer Hoffman McCann P.C. and a managing director of CBIZ, in charge of their Forensic Accounting Services Group. Mr. Basney has wide experience as an 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 such diverse matters as accounting standards, accounting malpractice, business valuation, economic losses and tax issues. Mr. Basney has also been appointed as special master, joint expert in matters of valuation and accounting, mediator and settlement referee in numerous court cases. Since 1978, Mr. Basney has taught accounting and business classes. And since 1982, he has taught accounting classes through the University of California at San Diego’s Extension program. He currently teaches Fraud Examination and Forensic Accounting in the Graduate Program for the University of San Diego.
Non-Member Price $209
Member Price $159