With our roller coaster economy, the proliferation of already prevalent fraud is inevitable among companies small and large. Meanwhile, as auditors try to deal with fraud by applying the recent risk assessment standards, they are experiencing significantly increased costs without a corresponding reduction in risk.
This course discusses many aspects of fraud including approaches to identifying and dealing with potential fraud perpetrators, the development of internal controls that are effective in fraud prevention and approaches for performing reviews and applying the risk assessment standards as a means of increasing the effectiveness of the engagement while improving its profitability.
