Fraud Update: Detecting and Preventing the Top TenFraud Schemes

Course Details


Friday, July 19, 2019

8:00am – 4:00pm (Registration: 7:30am)


Holiday Inn Casper

721 Granite Peak Drive

Casper, WY 82609


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Field of Study

Accounting & Audit

CPE Credit

8 hours CPE credit

Level of Knowledge





Experience in accounting and reporting.


Many costly fraudulent schemes have occurred repeatedly throughout the past several decades. Why do these material and frequently recurring frauds succeed? One reason is that business owners, management, auditors, and employees fail to recognize the red flags that have been associated with these financial statement and misappropriation of asset frauds. Another major reason is that the reporting
and transaction processing systems do not have adequate controls to either prevent and/or detect these schemes. This course will provide descriptions of how these major frauds are perpetrated (including real-world examples) and the types of cost-effective controls that can be implemented by both small and large businesses and nonprofit entities to identify and prevent these deceptive acts.


  • Major financial statement frauds including, among others, corruption conspiracies regarding sales and other types of revenue, estimates, journal entries, and other accounts
  • Major misappropriation of asset frauds including, among others, skimming, larceny, and embezzlement involving inventory, payables,
  • and other accounts
  • Ponzi and asset flip schemes
  • Control implementation ideas
  • Risk factors in accordance with the revised authoritative guidance on fraud


When you complete this course you will be able to: 

  • Identify the findings and implications of major fraud studies.
  •  Identify the risk factors and red flags for each of the top ten fraud schemes.
  •  Determine design controls to build into systems to mitigate fraud risks.
  •  Distinguish the methodology of how frauds are committed.
  •  Identify trends in various types of fraud.

Designed For

Business owners, managers, supervisors, employees, accountants, and auditors.

Registration for this course has passed.

Course Pricing


Applicable if you are a member of the AICPA and WYOCPA. If you are an AICPA member, make sure you have filled in your AICPA member number in your WYOCPA profile.

WYOCPA Member Fee

Applicable if you are a WYOCPA member in good standing.

Non-Member Fee

Applicable if you are not a WYOCPA member.

Late Registration Fee (will be added after July 5, 2019) $100.00
Your Price $415.00

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