Fraud in financial statements is a perennial concern for professionals in accounting and finance, posing risks that can have far-reaching implications for businesses and their stakeholders. The challenge lies in recognizing the subtle signs of fraud and implementing effective detection strategies. This CPE webcast course, led by Jeff Sailor, tackles these issues head-on by examining the top ten accounting fraud cases in history. Through these real-world examples, participants gain critical insights into the nature of fraud, its characteristics, and the red flags to watch for. Jeff's unique approach combines authoritative and guidance aspects related to fraud, enhancing awareness and honing skills necessary for fraud detection. The online CPE course is infused with humor, including song parodies for each case, making the learning experience engaging and memorable. This course is an essential tool for anyone seeking to bolster their ability to detect and prevent fraud in financial statements.
Learning Objectives
Upon successful completion of this course, the participant should be able to:
Describe the top ten accounting fraud cases
Identify the nature of fraud and its three characteristics
Apply the provisions for fraud risk assessment in an audit
Identify examples of fraud
Describe the traits of a white collar criminal
Describe techniques to detect fraud
Identify the principles of the COSO Fraud Risk Management Guide
Major Topics
How many corporations, companies, and not-for-profit organizations have committed fraud?
Responsibility for detecting fraud
Studying Fraud Cases
Evolution of Fraud Audit Standards
Definition of Fraud
Types of Fraud
The 3 Characteristics of Fraud
