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CPE Self-Study

Fraud Update: Detecting and Preventing the Top Ten Fraud Schemes

  • $149.00-$189.00
    Fraud Update: Detecting and Preventing the Top Ten Fraud Schemes In Stock Product #: 741204
    AICPA Member: $149.00
    Non-Member: $189.00
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    Contact a representative for group pricing or on-site training opportunities. 800.634.6780 (Option 1) | Contact Us Product #: GT-TTFS

Is your organization failing to recognize red flags associated with misappropriation of assets and costly fraudulent schemes? Whether your business is small, large, or a not-for-profit entity, this CPE course will provide you with descriptions of how major frauds are perpetrated, allowing you to gain insight into the types of cost-effective controls you can implement to prevent or detect deceptive acts. This course features real-world examples of updated fraud studies from KPMG, PricewaterhouseCoopers, and the Association of Certified Fraud Examiners.

Learning Objectives

This course will prepare you to do the following:

  • Identify the findings and implications of major fraud studies.
  • Identify the risk factors and red flags for each of the top ten fraud schemes.
  • Determine design controls to build into systems to mitigate fraud risks.
  • Distinguish the methodology of how frauds are committed.
  • Identify trends in various types of fraud.

Key Topics

  • Major financial statement frauds including, among others, corruption conspiracies involving sales and other types of revenue, estimates, journal entries, and other accounts
  • Major misappropriation of asset frauds including, among others, skimming, larceny, and embezzlement involving inventory, payables, and other accounts
  • Infamous Ponzi and asset flip schemes
  • Control implementation ideas
  • Risk factors in accordance with the revised authoritative guidance on fraud

Who Will Benefit?

  • Business owners, managers, supervisors, employees, accountants, and auditors

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. Should you have any questions or encounter any issues, please contact the AICPA Service Center at 888-777-7077 or service@aicpa.

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

System Requirements

About the Authors

Glenn L. Helms, Ph.D., CPA, CISA, CIA, CFF, CITP

Dr. Glenn L. Helms was the Arthur Young Fellow in IT Auditing at the University of Houston and has served as Director of Certification for the International Certified Information Systems Auditor program. He has served on numerous national and international academic and professional committees including the American Institute of Certified Public Accountant's Auditing Standards Board's Computer Auditing Subcommittee and its Specialized Accreditation Board.

Dr. Helms has presented over 3,000 professional seminars throughout North and South America, Europe, and Asia. He has published over 70 articles in a wide range of practitioner and academic journals. He has served on the editorial advisory boards of several national and international journals. His books address security, controls and fraud in a variety of environments. He has numerous years' experience in public accounting and serves as a consultant to various organizations including CPA firms, financial institutions, and large and small entities.

Dr. Helms has authored over 50 CPE course addressing internal control, forensic accounting, and IT auditing. Dr. Helms is a multiple year recipient of the Don Farmer Award, and also the Outstanding Discussion Leader Award from the AICPA for every year that the award has been presented. He has received similar awards from state societies and universities.

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.

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