Fraud Overview for Accountants and Auditors (Currently Unavailable)

Author: Paul McCormack

What is an auditor or accountant expected to do if they suspect or uncover fraud? What are the ramifications for failing to detect fraud? What red flags should auditors and accountants monitor in the workplace?

This webcast provides a detailed discussion of the types of fraud that take place around the globe and the responsibilities placed on auditors and accountants to detect wrongdoing. It includes a review of several insightful fraud reports as well as examples of fraud missed during routine audits.

Publication Date: October 2015

Designed For
Real world examples of corporate fraud

Topics Covered

• Fraud definitions
• Review the results of several fraud reports, including the Association of Certified Fraud Examiners Report to the Nations, and surveys by EY, Kroll, and Deloitte, among others
• Auditor's and accountant's role in detecting and preventing fraud
• When it all goes wrong: real world examples of fraud that auditors failed to uncover
• Overview of the primary forms of occupational fraud
• Red flags associated with each form
• Real world examples of corporate fraud

Learning Objectives

• Recognize the various forms of fraud that exist
• Recognize the red flags associated with the primary types
• Identify how to maintain and improve fraud "IQ"
• Recognize professional and regulatory reporting requirements when an auditor or accountant uncovers fraud

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Accounting (2 hours)

Program Prerequisites
None

Advance Preparation
None