New Staff: Practical Application- Fraud Considerations in a GAAS Audit
Overview:
This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Practical Application staff training bundle.
n this CPE courses, you will gain an overview of the various types of fraud schemes you may encounter as an auditor. Learn to spot signs of fraud and how to respond appropriately if you detect fraud during an audit.
Understand the entity's responsibilities for fraud awareness and prevention. And learn how audit data analytics can improve the audit with respect to fraud.
Objectives:
Learning Outcomes
- Identify the definition of fraud in a financial statement audit.
- Identify various dimensions and types of fraud.
- Identify appropriate responses to suspicions of fraud.
- Recognize the potential of audit data analytics in common fraud procedures.
Major Topics:
Key Topics
- Fraud basics
- Statistics regarding fraud
- The audit process with respect to fraud
- Fraud schemes
- Defensive tools and approaches
- Encountering fraud
- Using audit data analytics
Designed For:
Who Will Benefit
- Recently onboarded staff
- First-year staff
- Firms that want consistent training and level setting