After attending this presentation, you will be able to...
The major topics that will be covered in this course include:
Course 1: Fraud Busters: Controls to Prevent & Detect Fraud
CPE: 2
Field of Study: Auditing, Accounting
Discussion Leader: Keely Gohl
Description: This course investigates actual real-world fraud schemes and discusses what controls could have prevented the fraud from occurring, and what controls could detect and curtail the fraud scheme. The instructor speaks from experience, finding multiple frauds very early in her career leading to a career-long focus on fraud prevention and detection.
Course 2: Steps to Stop External Fraud
CPE: 2
Field of Study: Accounting
Discussion Leader: Karl Egnatoff
Description: Until recently, a percentage of organizations discounted the risk related to external fraud attempts. Most were only concerned with protecting physical assets such as inventory or fixed assets. However, because of the many highly publicized corporate hacking events, such as the ones that affected the Colonial Pipeline and JBS Meats, more attention is being paid to external fraud risk of all types. In this session, we look at what is included in a definition of external fraud and then delve into specific control issues that can give rise to increased risk. We then discuss measures that organizations can employ to help reduce exposure to external attacks.
Course 3: Money Laundering 101 for CPAs
CPE: 4
Field of Study: Specialized Knowledge
Discussion Leader: Robert Nordlander
Description: CPAs spend most of their working lives reviewing bank statements and books and records of businesses. They are experts in understanding how to prepare financial statements according to GAAP. But would a CPA know a possible money laundering transaction if they saw it? Would they know about a money laundering business? Money laundering is a subject of many action and thriller movies, but rarely understood. This presentation will educate the CPA in understanding the basics of money laundering and how to identify money laundering. This presentation will help the CPA know the truth about money laundering, how to identify it, the statutes that define it, and the court cases that interpret it.
