Live Stream: Fraud Basics - Protecting the Company Till

300  |  Livestream  |  Basic  |  Scheduled

Description

The focus of this course is reducing the overall risk of fraud. To that end, instruction will cover the factors that play a role in turning honest employees into fraudsters. Discussion will touch on integrity and ethics, as well as how the reactions of people in certain situations may impact the prevalence of fraud. The course will also explore the dark net and cryptocurrency fraud.

Credits

Number of Credits Type of Credits
4.00 Auditing

Designed For

CPAs in public practice and industry who wish to educate clients or colleagues on preventing fraud from occurring at the source

Highlights

  • The price of fraud: ACFE's Report to the Nations and ancillary costs
  • The current economy: microeconomics and analysis
  • COSO internal control framework, particularly Principle 1 (integrity/ethics) and Principle 8 (fraud risk assessments)
  • Power of morale: shrinking the fraud triangle and employee motivation
  • Why good folks go bad: interesting findings and red flags

Objectives

  • Recognize the prevalence of fraud
  • Understand the ways an organization may unintentionally cause fraud
  • Identify the costs of fraud
  • Comprehend how the new COSO framework for internal control focuses on fraud
  • Grasp the importance of an internal control environment
  • Understand how people may respond differently to certain factors
  • See that there are many layers involved in fraud defense

Prices

Member (Early Bird)
$189.00
Non-Member (Early Bird)
$249.00
Member
$189.00
Non-Member
$249.00
Your Price: $249.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

Members log in and save $60.00 on this event. Not a member? join today.

Instructors

Robert W. Wells, CPA, CFE

Robert "Wayne" Wells has 51 years of experience in public accounting and annually instructs numerous continuing education seminars and in-firm training classes for continuing education providers in the areas of accounting, auditing, fraud, and taxation.

Wells began his career in public accounting in 1970 with the national firm of what was then Touché, Ross & Co. in Nashville, Tennessee. In 1974, he joined a local firm in Nashville and provides accounting, auditing, fraud investigations, and tax services to small- and medium-sized businesses as well as extensive tax services to individuals.

Wells graduated from Austin Peay State University in Clarksville, Tennessee in 1970 with a Bachelor of Science degree in accounting and economics. He holds a certified public accountant certificate in Tennessee, and is also a Certified Fraud Examiner. He is a member of the Tennessee Society of Certified Public Accountants, the Association of Certified Fraud Examiners, and the American Institute of Certified Public Accountants. He is a recipient of the Outstanding Discussion Leader Award presented by the Tennessee Society of Certified Public Accountants, the Outstanding Discussion Leader Award presented by the AICPA, and an Outstanding Discussion Leader Award presented by Surgent..

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