Detecting Fraud in Financial Audits (Currently Unavailable)

Author: Lynford Graham

This course will present auditor and company responsibilities regarding fraud prevention and detection.

Publication Date: June 2014

Designed For
CPAs performing financial statement audits — public, private, government. Internal auditors or CFOs seeking to better understand how COSO views the role of the entity in prevention and detection.

Topics Covered

• Defining fraud and corruption
• How prevalent is the problem?
• COSO and expectations of entity actions
• Professional Auditing Standards
• How are frauds detected?
• Are some entities more at risk?
• Warning signs
• Common mistakes
• What to do (and NOT to do) when you suspect something.
• Resources to assist you

Learning Objectives

• Recognize the risks of frauds, including corruption and violations of laws to entities and auditors.
• Identify detection techniques to identify risks
• Identify resources to help companies and auditors address their responsibilities

Level
Overview

Instructional Method
Self-Study

NASBA Field of Study
Auditing (2 hours)

Program Prerequisites
None

Advance Preparation
None