Forensic Accounting: Fraudulent Reporting and Concealed Assets
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.
- 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
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.
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 firstname.lastname@example.org if you have any questions or encounter any issues.
Find out more information on the Forensic and Valuation Services Member Section.
About the Publisher