Real World Fraud Found in Governments and Not-for-Profits

Description

Learn about real-world government and NFP farud, including cyber fraud, and your respnsibilities when dealing with fraud.  This course will highlight frauds headling today's news and sharpen your forensic skills.

Highlights

Misappropriation of assets and benefits

Cyber fraud

Personnel fraud

Grant expense allocations

GAAS and GAGAS standards related to auditor's responsibility

Management override

Fictitious employees and vendors

Objectives

Learn how to determine how interim fraudulent reporting may impact planned reliance on internal controls and any related audit procedures

Identify the auditor's responsibility with respect to fraud in a financial statement audit.

Identify how personnel policies and procedures can be circumvented and lead to possible fraud or abuse

Apply potential ways to follow up on noted inductions of fraud, abuse, and weaknesses in internal control

Determine how management override of internal controls can lead to possible fraud

Identify how donated assets and capital assets might be misappropriated

Designed For

Auditors

Accounting and financial professoinals of governmental and not-for-profit entitites