Surgent's Fraud Environment
Overview:
Fraud is all around us, though many times we miss it. As accountants, we have a professional responsibility to detect material fraud. However, our ability to detect fraud is directly related to our understanding of how fraud occurs, how prevalent it is and what types of procedures allow both accountants and companies to detect fraud before it becomes material. In addition to providing a quick update on recently issued accounting and auditing standards, this course will review the latest fraud statistics compiled by the Association of Certified Fraud Examiners (ACFE), and see how COVID-19 has impacted the fraud landscape. Then the course will review our professional responsibilities to both detect fraud and to report actual or suspected fraud, plus identify which procedures are most effective at identifying and preventing fraud.Objectives:
- Recall common statistics concerning the prevalence of fraud
- Identify best practices in detecting fraud
- Discuss professional responsibilities of accountants related to fraud
Major Topics:
- Statistics compiled by the ACFE related to fraud
- Professional responsibilities to identity, respond to and report fraudulent activity
- The current fraud landscape, including who commits fraud, how and why they commit it and how they are detected
Designed For:
Accounting and auditing practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters' activitiesPrerequisite:
Experience in accounting and attestationAdditional Info:
You will receive an email from [email protected] with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.
For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email [email protected]. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.