Mobile Edition

What Every CPA Should Know About Fraud (4172877E)

Date:Friday, January 12, 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: Dana A. Basney
Vendor:California CPA Education Foundation
Course Level:Intermediate
Early Bird Price:$120.00 FICPA Members, $180.00 Non-Members


If you ask a member of the public what the purpose of an audit is, the answer will probably be "to detect fraud" as that is the public's expectation. Despite this perception, external auditors only detect three to five percent of all fraud incidences. Get pragmatic guidance on how to improve the chances of detecting fraud. Engage in discussion of where fraud is most likely to occur and how to conduct inquiries and direct the audit in the areas which are of greatest concern and are most likely to be abused by perpetrators.


  • Determine how is fraud detected.
  • Recognize the impact of professional pronouncements on finding fraud.
  • Identify the largest area of financial statement abuse.
  • Identify fraud in business.
  • Identify fraud prevention.
  • Recognize auditor liability and auditor defenses.
  • Identify recent litigation affecting accountant's liability.

Major Topics:
  • How is fraud detected?
  • The role of external auditors in finding fraud
  • Revenue recognition issues
  • Corrupt management
  • Data mining
  • Physical and biometric controls

Who Should Attend:

Accountants in public accounting, industry and government.

Knowledge or experience in the field of Ethics comparable to the ethics exam requirement to obtain the CPA Certificate.

Advanced Preparation:


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.