Identifying Fraud Risks | PGAFBOD17

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Level :
Designed For :
CPAs in industry, government and public practice.
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Prerequisite :
Credits :
4.00 CPE
Description :
Meet the four hour fraud education requirement while gaining an overview of the current auditing requirements. Learn about a brief history of recent public company frauds while focusing on the interactive case studies bringing these situations to life. Additionally, the case studies include fraud in tax and governmental organizations. Hear the story of a CPA who crossed the line from unethical behavior to fraud. What would you do if someone in your company or firm made a decision that put you and your organization at risk? Engage in a discussion regarding differences between small and large company frauds. Analyze the costs/benefits of fraud prevention compared to fraud detection.  The webcast was originally broadcast on May 25, 2017. Note: There is a minimum passing rate of 70% for this course.
Objectives :
  • Review SAS 99 and related rules governing the profession in regards to fraud.
  • Identify the connection between our auditing procedures and detecting fraud.
  • Recognize what we can learn from past frauds.
  • Compare and contrast the differences between risks in small and and large companies.
  • Identify benefits and costs between detection and prevention of fraud. 
Major Topics :
  • SAS 99 and the rules which govern the profession
  • Financial statement case studies
  • Tax fraud case studies
  • Government fraud case studies
Advanced Prep :
About the Author :
Berkowitz Arthur Lee - Art Berkowitz, C.P.A. is a long-time resource for continuing professional education. Using his 30+ years of experience in public accounting, he now develops webcasts and practical self-study courses for accountants and financial professionals. Art has presented seminars for the California State University system, the University of Denver, Spidell Publishing, Jackson Hewitt, the Hearst Corporation, the Internal Revenue Service, the Institute of Internal Auditors, National Tax Institute (NTI), Western CPE, Practitioners Publishing Company (PPC), the American Society of Women Accountants, Meeting Professionals International, local and international CPA firms, and more than a dozen state CPA societies. Art is also an experienced and noted author. He has written for numerous professional publications, including a weekly online column for The Wall Street Journal. Art also wrote a book on the Enron debacle, Enron: A Professional’s Guide to the Events, Ethical Issues, and Proposed Reforms.