Mobile Edition


Mitigating Fraud Engagement Risk for Nonaudit Practitioners (4172873D)

 
Date:Wednesday, March 21, 2018
Time:3:30 PM - 7:00 PM
(Registration at 3:00 PM)
Facility:Webcast or Webinar, Online
CPE Credit:4.0 Accounting and Auditing
Instructor: Thomas E. Noce
Vendor:California CPA Education Foundation
Course Level:Intermediate
Early Bird Price:$120.00 FICPA Members, $180.00 Non-Members

Description:

Fraud is not just for auditors anymore. Learn how professional standards relate to a CPA's responsibility to detect fraud when preparing all levels of financial statements. Maximize value to clients by learning effective loss-prevention strategies based on real-life examples; identify potential problem areas; develop a prevention plan; and use the necessary tools and techniques needed to minimize the loss of any client-initiated legal claims.



Objectives:
  • Identify the professional standards related to fraud.
  • Recognize red flags of fraud and understand the fraud triangle. 
  • Determine how to best detect, prevent and respond to fraud.
  • Recognize types of fraud risks facing nonaudit practitioners.
  • Identify available loss prevention tools.


Major Topics:
  • Common fraudulent financial reporting and asset misappropriation schemes.
  • Ongoing expectation gap: professional standards vs. jury expectations.
  • Simple and effective controls that will guard clients' assets from misappropriation and how to communicate these controls.
  • Available loss prevention tools and techniques that help minimize a practitioner's risk of loss from client-initiated negligence claims.


Who Should Attend:

CPAs and others interested in gaining insight into fraud and investigating the resources available to mitigate the risks that fraud presents.



Prerequisite:
Exposure to the discussion topics is beneficial but not critical.

Advanced Preparation:
None.

Session/Options

If listed below, select the appropriate sessions or options to continue with your purchase.

Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.