Financial Statement Fraud

The start date for this course has passed. Registration is no longer available.

This course is 8.00 credits
Facility Name
Forefront Center for Meetings & Conferences
Facility Address
404 Wyman St
Waltham, MA 02451-1212
Field of Study
Course Level
Kaplan Financial Education Loscalzo Institute

Registration Fees

MSCPA Member
AICPA Member
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Tuesday, Nov 19, 2019
8:45am – 4:30pm

Instances of financial statement fraud have occurred ever since the first financial statements were prepared. Financial statement fraud poses a significant threat to all businesses regardless of size. In this program, we will discuss fraud, fraud risk assessments, the Fraud Triangle, who commits fraud, fraud red flags and motivations to commit fraud, common fraud activities, COSO internal controls, anti-fraud controls and numerous financial statement fraud case studies.

Designed For

CPAs, accountants, and financial professionals in industry and public practice.

Course Objectives

Participants will be able to:  Define fraud in the context of financial statement fraud  Describe financial statement frauds and how they occur  Recognize both soft and hard indicators of fraud  Identify red flags of financial statement fraud  Identify who commits financial statement fraud and the incentives motivating them to do so  Perform a financial statement fraud risk assessment  Recognize the most common financial statement fraud activities through case analysis  Identify best practices anti-fraud controls

Major Subjects

MAJOR SUBJECTS  Overview of financial statement fraud  COSO and COSO Principle 8 concerning fraud  2018 Report to the Nations  Fraud Triangle  Fraud classification  Financial statement fraud risk assessments  Identifying red flags of financial statement fraud  Financial statement fraud and who commits it  Financial statement fraud activities (cases)  Preventing and detecting financial statement fraud  Best practices anti-fraud controls


Accounting or finance experience

The start date for this course has passed. Registration is no longer available.