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
Experience in accounting and reporting
Many costly fraudulent schemes have been detected throughout the past several decades. How do these material fraud schemes continue to succeed? This webcast answers that question. You will be provided with descriptions of how the most common types of financial statements and misappropriation of asset fraud schemes are detected. The webcast also covers cost-effective internal controls that can be implemented to prevent these schemes. You will even review classic and contemporary real-world fraud cases to reinforce how these schemes are perpetrated due to internal control failures and other factors. Lastly, the webcast addresses red flags that may be indicative of these fraud schemes.
Delivery Method: Individual webcast
CPE Credit: Auditing
Program Level: Intermediate