Mobile Edition

Fraud: Recent Findings, Red Flags and Corruption Scheme (AIFRFR13)

Date:Tuesday, March 13, 2018
Time:1:00 PM - 4:59 PM
(Registration at 12:30PM)
Facility:Webcast or Webinar, Online
CPE Credit:4.0 Accounting and Auditing
Course Level:Intermediate
Early Bird Price:$159.00 FICPA Members, $199.00 Non-Members


How are fraud schemes perpetrated? Who does it? How much is stolen? What controls can be installed to prevent and detect these schemes? These and other questions are answered by a review of landmark fraud studies - including those conducted by the Committee of Sponsoring Organizations (COSO), the Association of Certified Fraud Examiners (ACFE), large CPA firms, and others. A list of the Top Ten Fraud Schemes, based upon these studies, is provided. This webcast covers fraud red flags for non-traditional schemes. The categories of non-traditional fraud schemes include corruption, Ponzi, and Asset Flip schemes. These non-traditional fraud schemes are not usually addressed in traditional fraud courses. However, numerous entities have incurred significant financial losses as a result of these schemes and issues concerning these schemes need to be addressed to prevent financial losses. These schemes methodologies, related red flags and internal controls to prevent and detect these schemes are addressed in detail. Real-world cases are provided to reinforce concepts.


When you complete this webcast you will be able to:

Identify the findings and implications of major fraud studies.

 Identify red flags associated with various types of fraud schemes.

 Apply preventive and detective controls concerning non-traditional fraud schemes.

 Recognize the characteristics, similarities and differences between Ponzi, Asset Flip, and corruption schemes.

Distinguish a particular fraud scheme to specific landmark cases.

Major Topics:


 In-depth review of classic and recent non-traditional fraud cases: ZeekRewards, Yelp, and others

Results of recent notable fraud studies

Conflicts of Interest and other policies

Distinctions between Ponzi and Pyramid schemes

 Conflicts of interest (purchasing and sales schemes), Bribery (kickbacks and bid rigging), Ponzi, and other schemes

SEC Response to Madoff Ponzi Scheme

Who Should Attend:
Business owners, managers, supervisors, employees, accountants and auditors

Experience in accounting and reporting


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.