This course is an in-depth review of the major processes that are performed in a financial fraud investigation, e.g.., planning, hypothesis generation, Internet-based and other types of research, link analysis, statistical and other forms of data analysis, and interviews and interrogations. It furnishes accounting and other professionals with an understanding of the tasks that a financial forensic accountant and others perform during a financial fraud investigation. The strengths and weaknesses of various investigative techniques are addressed. This course also provides external auditors with guidance as to when they should transition from being an auditor conducting a financial statement audit into an investigator conducting a financial fraud engagement when fraud is discovered during the financial statement audit. Auditing standards that address management’s and the external auditors’ responsibility concerning fraud are presented to delineate the difference between fraud considerations during an audit of financial statements with a financial fraud investigation.
|Tuesday, November 25, 2014
|8:30am - 4:30pm (Registration at 8:00am )
|Rosen College of Hospitality, Orlando
|8 Accounting and Auditing
|Surgent McCoy CPE, LLC
Enhance the accounting professional’s knowledge of the activities performed in a financial fraud investigation so that he/she can: Understand the various phases of a financial fraud investigation; possibly provide oversight of the investigation; value the roles played by various parties in the investigation; know how best to react when fraud is suspected; appreciate why financial fraud investigations can be quite expensive and recognize red flags that might be indicative of financial fraud
- Are accounting and other anomalies error or fraud?
- How to generate hypotheses concerning the financial fraud
- Low-cost forensic techniques that should be performed early in the investigation to quickly refute or accept different fraud hypotheses
- Actual financial fraud cases that occurred in the public and private sectors illustrate some of the major investigative techniques
- The different players who are typically involved in a financial fraud investigation and their respective roles
- Software used in data analysis, link analysis and evidence gathering that can make the investigation more effective and efficient
- Advantages and disadvantages of different investigative techniques
- Distinctions and similarities between financial statement, misappropriation of assets and corruption frauds investigations
Practicing CPAs and accounting professionals in nonprofits, government, business, and industry who wish to enhance their financial fraud investigation skills
Experience in accounting and reporting
FICPA Seminar EZMaterials! Instead of picking up paper manuals at the event, you’ll be able to download the EZMaterials as searchable PDFs to your laptop, tablet or other device seven days before the event. For an additional fee you may choose to purchase a hardcopy of the seminar manuals. If requested during registration at least eight days prior to the course, your hardcopy will be available for pickup at the event. Click here for more information.
Early Bird Price:
$290 FICPA Members, $415 Non-Members
Regular Price on 11/16/2014:
$345 FICPA Members, $470 Non-Members