If you ask a member of the public what the purpose of an audit is, the answer will probably be "to detect fraud" as that is the public's expectation. Despite this perception, external auditors only detect three to five percent of all fraud incidences. Get pragmatic guidance on how to improve the chances of detecting fraud. Engage in discussion of where fraud is most likely to occur and how to conduct inquiries and direct the audit in the areas which are of greatest concern and are most likely to be abused by perpetrators.
- How is fraud detected?
- The role of external auditors in finding fraud
- Revenue recognition issues
- Corrupt management
- Data mining
- Physical and biometric controls
- Determine how is fraud detected.
- Recognize the impact of professional pronouncements on finding fraud.
- Identify the largest area of financial statement abuse.
- Identify fraud in business.
- Identify fraud prevention.
- Recognize auditor liability and auditor defenses.
- Identify recent litigation affecting accountant's liability.
Accountants in public accounting, industry and government.
Knowledge or experience in the field of Ethics comparable to the ethics exam requirement to obtain the CPA Certificate.
Vendor:CalCPA Education Foundation
Member/Nonmember Fees:120 / 188
CPE:Auditing 4 hour(s)
Yellow Book Credit:No
Dana A. Basney
California CPA Education Foundation
Cancellation or transfer requests made six(6) business days or more prior to the program, no fee assessed.
Cancellation or transfer requests made two(2) to five(5) business days prior to the program, $25 fee assessed.
Cancellation or transfer requests made one business day prior to the program, $50 fee assessed.
Day of program or no notice of cancellation, 100 percent course fee assessed.
If you transfer from an in-person class course to a webcast, the above policies apply.
Remember, the COCPA reserves the right to cancel a course seven days prior to the program date. Please keep this cancellation policy in mind when making your travel plans and airline reservations. The COCPA will not be liable for flight cancellation penalties due to our cancellation.
To cancel or transfer a course, please contact the Member Services department at 303-773-2877 or 800-523-9082.