Case Studies in Accounting Fraud

Course Details

Date

Thursday, October 21, 2021

9:00am – 12:30pm (Registration: 8:30am)

Location

Online

Field of Study

Accounting & Audit

CPE Credit

4 hours CPE credit

Level of Knowledge

Overview

Vendor

CalCPA

Prerequisites

None.

Description

Distinguish financial reporting fraud from misappropriation of assets. Highlight common schemes involving one or both types of fraud. Review several high-profile cases as well as other real-world situations to emphasize the CPA's role and responsibility. Examine the methods used to perpetrate and disguise schemes, how the fraud was detected, and the consequences. Explore the CPA's role in the prevention and detection of both types of fraud.

Highlights

  • Major financial statement frauds including, among others, sales and other types of revenue, estimates, earnings management and cut-off
  • Major misappropriation of asset fraud schemes including skimming, larceny, and additional schemes that occur in inventory, payables and other accounts
  • Review of landmark cases where the fraud scheme occurred: WorldCom, Phar-Mor, Koss and others

Objectives

  • Recognize key income and penalty tax issues in connection with retirement distributions.
  • Determine how the death of an owner or beneficiary affects distribution calculations.
  • Identify the pros and cons of various beneficiary choices to assist your client in selecting the best options.

Designed For

Accountants and auditors in public and private practice.

Registration for this course has passed.

Course Pricing

WYOCPA Member Fee
$149.00

Non-Member Fee
$199.00

Your Price
$199.00

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