Accounting Fraud & Embezzlement: Case Studies from the Trenches

Author: Allison McLeod

This course examines recent events involving the theft of company or public money and the circumstances that allowed the fraud to occur. We will be looking at a variety of case studies to illustrate these points. This course is ideal for CPAs, government finance personnel, all Internal Auditors, lawyers, governance professionals, accountants and human resource personnel.

Publication Date: March 2024

Topics Covered

• Reasons why fraud occurs
• Case studies of situations where embezzlement occurred
• Red flags indicating that an organization is at risk of defalcation
• Steps to prevent fraud

Learning Objectives

• Identify the factors unique to entities that create an environment for fraud to easily occur
• Identify areas where there could be an inadvertent failure to separate duties
• Identify the proper role of an external auditor and identify areas where independence can be compromised
• Identify the organization that issued the referenced Code of Conduct that prescribes that a member should apply the most restrictive provisions
• Identify the medical school case study that noted that the director of finance illegally purchased and resold over $40 million of hardware and falsified internal forms and electronic communications

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Regulatory Ethics (2 hours)

Program Prerequisites
None

Advance Preparation
None