×

Web Events

The Most Common Financial Statement and Asset Fraud Schemes: How to Detect and Prevent Them

DeliveryType:  Video Webcast
    Select Date & Time:
  • $159.00-$199.00
    The Most Common Financial Statement and Asset Fraud Schemes: How to Detect and Prevent Them 01:00 pm - 05:00 pm ET Product #: VCL4TTFS038
    Add to Calendar 07/25/2017 13:00:00 07/25/2017 17:00:00 America/New_York AICPA Webcast: The Most Common Financial Statement and Asset Fraud Schemes: How to Detect and Prevent Them
    Learn how the most common types of financial statement and misappropriation of asset fraud schemes are detected and the cost-effective internal controls which can be implemented to prevent these schemes.
    Register at http://www.aicpastore.com/AuditAttest/PRDOVR~PC-VCL4TTFS/PC-VCL4TTFS.jsp AICPA noreply@aicpastore.com false MM/DD/YYYY AICPA WebEvent aiEQlNoFjzFNtMgVwmLn20911
    AICPA Member: $159.00
    Non-Member: $199.00
  • $159.00-$199.00
    The Most Common Financial Statement and Asset Fraud Schemes: How to Detect and Prevent Them 01:00 pm - 05:00 pm ET Product #: VCL4TTFS039
    Add to Calendar 08/24/2017 13:00:00 08/24/2017 17:00:00 America/New_York AICPA Webcast: The Most Common Financial Statement and Asset Fraud Schemes: How to Detect and Prevent Them
    Learn how the most common types of financial statement and misappropriation of asset fraud schemes are detected and the cost-effective internal controls which can be implemented to prevent these schemes.
    Register at http://www.aicpastore.com/AuditAttest/PRDOVR~PC-VCL4TTFS/PC-VCL4TTFS.jsp AICPA noreply@aicpastore.com false MM/DD/YYYY AICPA WebEvent aiEQlNoFjzFNtMgVwmLn20911
    AICPA Member: $159.00
    Non-Member: $199.00

Many costly fraudulent schemes have occurred repeatedly throughout the past several decades. Why do these material fraud schemes continue to succeed? This webcast provides descriptions of how the most common types of financial statement and misappropriation of asset fraud schemes are detected. Cost-effective internal controls which can be implemented to prevent these schemes are provided in the webcast along with classic and contemporary real-world fraud cases reviewed in detail to reinforce how these schemes are perpetrated due to internal control failures and other factors. Red flags that might possibly be indicative of these fraud schemes are addressed.

Topics Discussed

  • Major financial statement frauds including, among others, sales and other types of revenue, estimates, journal entries, and other accounts
  • Major misappropriation of asset fraud schemes including skimming, larceny, and additional schemes that occur in inventory, payables, and other accounts
  • Review of landmark cases where the fraud scheme(s) occurred: WorldCom, Phar-Mor, McKesson and Robbins, Waste Management, MiniScribe, Mattel, Inc. Stew Leonard, and others

Learning Objectives

When you complete this webcast, you will be able to:

  • Identify the schemes used to misstate revenue, inventory, asset overstatements, estimates, and other accounts
  • Distinguish suspicious journal entries
  • Determine the red flags associated with fraud schemes concerning revenue, inventory, asset overstatements, estimates, and other accounts
  • Apply analytical procedures to detect various types of fraud
  • Compare particular fraud schemes to landmark cases

Important Information on Your CPE Credit

Discounts

Group Viewing Option

Gather the team together and attend this webcast as a group. Each attendee will earn CPE Credit. Enter the number of attendees in the quantity box above.

Number of Attendees Non-Member Member

1 - 4

$199 $159

5 - 9

$179 $145

10 - 20

$169 $135

21 +

$159 $129

Your order confirmation will include an instruction document for group viewing and earning CPE credit (please review prior to the start of the event) and information on how to access the webcast.

Included in:Annual Webcast Pass

Get year-round unrestricted access to this and more than 500 webcasts featuring top experts, regulators and agency representatives discussing topics of importance to you. Learn more...


Speaker Bio

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

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 2,000 professional seminars throughout North and South America, Europe, and Asia. He has published over 60 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.

He has authored numerous CPE courses including – The Top Ten Fraud Schemes – How to Detect and Prevent Them, Purchasing, Inventory and Cash Disbursements: Common Frauds and Internal Controls, Revenue and Cash Receipts: Common Frauds and Internal Controls, Internal Control Essentials for Financial Managers, Accountants, and Auditors, Forensic Accounting Investigative Practices, and IT Risk and Controls in Traditional and Emerging Environments 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.

System Requirements