Fraud, Internal Controls and Ethics: Best Practices and Case Studies

Overview

You could pay $0 for this course!
This qualifies for reimbursement through the State Workforce Training Express Fund. Firms/companies with fewer than 100 staff will receive 100% reimbursement, and firms/companies with over 100 staff will receive 50% reimbursement. You must register for this course and apply for reimbursement through the Workforce Training Express Fund website three weeks in advance to be eligible. The course code for this program is C-4107 To learn more click here or contact Julia Ekelund at jekelund@mscpaonline.org

This course explores actual fraud circumstances through the lens of potential prevention. We will examine how selected frauds were accomplished and consider what internal controls may have prevented fraudsters from achieving their nefarious acts. Then we will switch gears to an interactive, case-based discussion that asks participants to reach their own conclusions by analyzing facts in concert with the AICPA Code of Professional Conduct and other sources of ethical guidance. This course ultimately provides practical, action-oriented insight that can be implemented by accounting professionals in both public practice and industry.

Highlights

• Examination of actual frauds
• Discussion of internal controls that could have prevented frauds
• Contemplation of epiphanies for your own professional scenarios.
• The AICPA Code of Professional Conduct
• Other elements of professional conduct and compliance with professional standards

Prerequisites

None

Designed For

CPAs in public accounting, members in industry, and other business professionals who seek practical insight regarding fraud prevention and ethical behavior

Objectives

Upon completion of this course, you will be able to:

• Understand what factors allowed certain frauds to occur.
• Recognize what internal controls may have prevented the frauds.
• Consider application of these lessons to circumstances you encounter in your professional endeavors.
• Apply ethical guidance to scenarios that accounting professionals may encounter in public practice.

Preparation

None