Webinar: Auditing For Fraud
WB1131 | Course | Intermediate | Scheduled
Description
Auditors are required by Generally Accepted Auditing Standards to perform audit procedures to determine if the financial statements are materially misstated due to error OR FRAUD. Unfortunately, in the past the profession has focused on misstatements due to errors and largely ignored to possibility of misstatements due to fraud. While SAS No. 122, AU 240, Consideration of Fraud in a Financial Statement Audit sets forth the procedures that auditors are required to perform in each audit to determine if the financial statements are materially misstated due to fraud, this program presents a practical approach to making such a determination. It’s not a substitute for the requirements in SAS 122, AU 240, but rather an informal supplement to the standard with some common-sense procedures which are designed from my over 30 plus years of directing fraud investigations. After attending this session, you will more than likely never look at a financial statement audit the same way.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Auditing |
Designed For
External and Internal Auditors, Fraud Examiners
Prerequisites
None
Highlights
- Auditing
- Fraud
Objectives
- Understand the common myths about fraud
- Recognize the importance of observation
- Obtain information without asking questions
- Describe the number one reason fraud is able to be successful
- Assess the possibility of fraud based on risk
- Maintain professional skepticism
Preparation
None
Notes
This webcast is provided by ACPEN. After registering for the course, you will receive an email from ACPEN with instructions for logging in to the webcast and obtaining your eMaterials.
Prices
- Member (Early Bird)
- $79.00
- Non-Member (Early Bird)
- $109.00
- Member
- $79.00
- Non-Member
- $109.00