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Fraud Risk Management and Assessment

 
 Wednesday, Oct. 31, 2018 from 2:00 pm to 4:00 pm
 Online
 
2.0
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Registration Status: CLOSED -- Please contact the VSCPA at [email protected] or (800) 733-8272 for availability.
VSCPA Members
$79.00 Regular Registration
Nonmembers
$109.00 Regular Registration
Designed For:
* Understand the background and history of COSO's Internal Control Framework and the new Fraud Risk Assessment requirement * Understand the format and content of the new COSO/ACFE Fraud Risk Management Guide * Understand how to conduct a comprehensive fraud risk assessment * Consider the future
Prerequisite:

None

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) began its existence with a focus on fraud. Soon, however, COSO shifted its attention to internal controls. ALL publicly-traded US companies (as well as most other organizations around the world) follow the COSO Internal Control Framework (ICF), initially published in 1992. COSO returned to its fraud-focused roots when it revised the ICF in 2013. COSO added 17 important principles, including Principle 8: The organization considers the potential for fraud in assessing risks to the achievement of objectives. In response to COSO-follower needs for further guidance on assessing fraud risk, COSO (along with the ACFE) published a new Fraud Risk Management Guide in September 2016. This course will explain what this new fraud risk management guidance requires, what it portends for accountability professionals working for corporations and other organizations, and what it will mean for auditors. Every organization that uses the COSO ICF will benefit from this course on this important new guidance.

Delivery Method: Individual webcast
CPE Credit: Accounting (governmental), Auditing (governmental)
Program Level: Intermediate

Related Events

The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.