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CPE Self-Study

Forensic Accounting: Fraudulent Reporting and Concealed Assets

  • $79.00-$99.00
    Forensic Accounting: Fraudulent Reporting and Concealed Assets Online Access Product #: 158022
    AICPA Member: $79.00
    Non-Member: $99.00

Forensic accountants know all too well the increasing pressure to accurately detect fraudulent financial reporting and to preemptively redesign internal controls to prevent misappropriation of assets. The endless spotlight of major business failures and scandals only perpetuate the forensic accountant’s responsibilities and due diligence.

This CPE course offers techniques to sharpen your forensic skills, helping you to detect fraudulent activities in their many guises.

Key Topics

  • Role of the forensic accountant
  • Development of the engagement agreement
  • Common fraud scams
  • Sources for corroborating data
  • Testifying as an expert
  • Analytical and investigative techniques
  • Approaches to detect under/overvalued assets
  • Development of a written report

Learning Objectives

This course will prepare you to:

  • Determine the differences between the role of the forensic accountant and traditional accountant
  • Identify the foundational components of AU-C section 240
  • Determine how to use forensic techniques to ferret out fraudulent activity
  • Recall analytical and investigative techniques used in forensic engagements
  • Recognize the importance of chain of custody in handling critical documents reviewed in the process
  • Recall key points related to an effective written forensics report
  • Apply best practices to improve your success and credibility on the witness stand

Who Will Benefit?

Accountants in industry and public practice who are responsible for designing internal control systems or are involved in forensic accounting activities.

Discounts

FVS Section Members Save an Additional 20%!

When you log into this website with your AICPA member user account, the section discount will be automatically applied during checkout. Please contact the AICPA Service Center at 888-777-7077 or service@aicpa.org if you have any questions or encounter any issues.

Find out more information on the Forensic and Valuation Services Member Section.

System Requirements

About the Authors

Michael Connelley, CFE, CPA



About the Publisher

AICPA

About the AICPA The American Institute of CPAs is the world’s largest member association representing the accounting profession, with more than 412,000 members in 144 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialty credentials for CPAs who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management Accountant designation, which sets a new standard for global recognition of management accounting.