Fraud Case Studies: Schemes and Controls (FRD4)
4.00 Credits
Member Price $180
Non-Member Price $230
Overview
Fraud is prevalent - especially since COVID-19 relief packages passed by legislatures around the world opened the till. The overwhelming majority of fraud cases are never publicized. In this course we will build on our knowledge of why people commit fraud to dissect the schemes and discuss transactional controls to help stop fraud faster.
Highlights
- Recent fraud cases
- Common fraud schemes perpetrated by those within and outside victim organizations
- Consider the lessons learned
- Best practices to further our fraud prevention
Prerequisites
None
Designed For
CPAs in public practice and industry who wish to educate clients or colleagues further on how to better prevent fraud from occurring at the source - would-be fraudsters - as well as to seek means to improve anti-fraud controls
Objectives
- Consider the ways perpetrators evade both soft and hard controls
- Identify teachable moments
- Look for the common red flags that ought to draw our attention to a potential fraud scheme
Preparation
None
Leader(s):
Leader Bios
Robert Wells
Robert W. Wells, CPA, CFE has over 40 years of experience in public accounting and annually instructs numerous continuing education seminars and in-firm training classes for continuing education providers in the areas of accounting, auditing, fraud, and taxation.
Wells began his career in public accounting in 1970 with the national firm of what was then Touché, Ross & Co. in Nashville, Tennessee. In 1974, he joined a local firm in Nashville and provided accounting, auditing, fraud investigations, and tax services to small- and medium-sized businesses as well as extensive tax services to individuals.
Wells graduated from Austin Peay State University in Clarksville, Tennessee in 1970 with a Bachelor of Science degree in Accounting and Economics. He holds a Certified Public Accountant certificate in Tennessee, and is also a Certified Fraud Examiner.
Non-Member Price $230
Member Price $180