"Accounting Fraud: Recent Cases" is a course meticulously crafted for finance professionals seeking to strengthen their organization's defense against fraud. This course delves into the intricate details of three notorious accounting frauds, offering invaluable lessons on the importance of robust internal controls, diligent management oversight, and unwavering organizational ethics.
Participants will benefit from an in-depth understanding of the auditor's responsibility in detecting fraud, the correlation between fraud and internal control weaknesses, and the indispensable role of independent board and audit committee oversight. By drawing practical knowledge from the Koss Corporation, Fair Finance Company, and Diamond Foods cases, this course equips you with the acumen to not only recognize potential fraud signals but also implement effective preventive measures. Transform your approach to financial oversight and play a pivotal role in fortifying your organization against fraudulent activities.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Recognize the auditor responsibility for internal controls and fraud detection as part of its audit
Associate fraud with inadequate internal controls
Recognize the importance of independent board of director and audit committee oversight in the prevention of fraud
Major Topics
Recent Cases of Accounting Fraud
Motivations of fraud
Opportunity for fraud
Koss Corporation
Fair Finance Company
Diamond Foods.
