February 25, 2022 9:00am – 12:30pm Map & Directions 602-252-4144

Webcast: Case Studies in Accounting Fraud

Description

Distinguish financial reporting fraud from misappropriation of assets. Highlight common schemes involving one or both types of fraud. Review several high-profile cases as well as other real-world situations to emphasize the CPA's role and responsibility. Examine the methods used to perpetrate and disguise schemes, how the fraud was detected, and the consequences. Explore the CPA's role in the prevention and detection of both types of fraud.

Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time

8:30am

Fees

Member:
$160
Non-CPA Staff:
$210
Non-CPA Staff (100% club):
$160
Non-CPA Staff (sole proprietor):
$160
Non-Member:
$210
Webcast
Accounting & Auditing
4

Objectives

  • Identify the schemes used to misstate revenue, inventory, asset overstatements, estimates, and other accounts
  • Distinguish suspicious journal entries
  • Recognize the red flags associated with fraud schemes concerning revenue, inventory, asset overstatements, estimates, and other accounts
  • Apply analytical procedures to detect various types of fraud
  • Compare particular fraud schemes to landmark cases

Course Level

Overview

Vendor

CalCPA Education Foundation More With This Vendor

Designed For

Accountants and auditors in public and private practice.

Prerequisites

None.

Highlights

  • Major financial statement frauds including, among others, sales and other types of revenue, estimates, earnings management and cut-off
  • Major misappropriation of asset fraud schemes including skimming, larceny, and additional schemes that occur in inventory, payables and other accounts
  • Review of landmark cases where the fraud scheme occurred: WorldCom, Phar-Mor, Koss and others

Notes

Entry-level/Individual contributor; Manager/Senior Manager; Director; Executive/VP; C-Suite; Sole Practitioner; Board

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