On-Demand

4 CPE

Surgent's Fraud Basics: Protecting the Company Till

On-Demand
4 CPE

This course is delivered as a recorded video. After completing all sessions, you must pass the final exam with a minimum score of 70% to receive credit.

The focus of this course is reducing the overall risk of fraud. To that end, instruction will cover the factors that play a role in turning honest employees into fraudsters. Discussion will touch on integrity and ethics, as well as how the reactions of people in certain situations may impact the prevalence of fraud. The course will also explore the dark net and cryptocurrency fraud.

Learning Objectives

  • Recognize the prevalence of fraud
  • Understand the ways an organization may unintentionally cause fraud
  • Identify the costs of fraud
  • Comprehend how the new COSO framework for internal control focuses on fraud
  • Grasp the importance of an internal control environment
  • Understand how people may respond differently to certain factors
  • See that there are many layers involved in fraud defense

Major Topics

  • The price of fraud – ACFE’s Report to the Nations and ancillary costs
  • The current economy – microeconomics and analysis
  • COSO internal control framework, particularly Principle 1 (integrity/ethics) and Principle 8 (fraud risk assessments)
  • Power of morale – shrinking the fraud triangle and employee motivation
  • Why good folks go bad – interesting findings and red flags

CPE Credits Available

4 CPE
4
Auditing

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Accounting & Auditing

Prerequisites

None

Advanced Preparation

None

Intended Audience

CPAs in public practice and industry who wish to educate clients or colleagues on preventing fraud from occurring at the source

Provider

Surgent CPE

Purchase This Course

  • COCPA Member

    $ 129 129
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  • COCPA Non-Member

    $ 168 168
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