Course Individually
Course Description
Auditing - Fraudulent Reporting and Misappropriation of Assets is a CPE webinar that will discuss the different categories of fraudulent cash disbursements. This webinar will describe the differences between fraud and an error and define the three conditions of fraud. This webinar will describe the auditor’s role when dealing with fraud and identify the different ways of “cooking the books”. This webinar will describe the different types of inventory fraud and explain the conditions that are required in order to recognize revenue for sellers of goods. Finally, this webinar will define he specific fraud issues related to money laundering.
We provide a Subject Matter Expert (SME) to answer any questions you may have during this session. SMEs are available from 8am to 7:30pm Central Time. This course should only be taken during SME hours.
Learning Objectives
At the end of this webinar, students will be able to:
- Identify the different categories of fraudulent cash disbursements.
- Recognize the differences between fraud and an error.
- Identify the three conditions of fraud.
- Identify the different ways of “cooking the books”
- Recognize the different types of inventory fraud
- Identify the conditions that are required in order to recognize revenue for sellers of goods.
- Identify the specific fraud issues related to money laundering.
CPE Credits: 3 CPE for CPAs
Level: Intermediate
Instructional Method: Group Internet Based
NASBA Field of Study: Auditing
Program Prerequisites: None
Advanced Preparation: None
Revision Date: April 1, 2022
