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Webcast: Forensic Accounting: Uncovering Schemes and Scams (WBFAFRU215)
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Are you prepared for the increasing demand for forensic accountants and forensic accounting procedures to detect and prevent fraudulent financial reporting? As the focus on fraud discovery and deterrence rises, accountants must hone their skills to recognize fraudulent or deceptive practices and build their knowledge to redesign internal controls to prevent misappropriation of assets. Maintaining these valuable abilities is easier said than done. This course enables you to learn investigative te

10/20/2015
When: 10/20/2015
8:00 AM until 12:00 PM
Where: Webcast
Presenter: Douglas E. Warren CPA, CFF, CFE, FCPA


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Registration Fees
Members $149
Non-Members $199

CPE: 4 hours
Level: Intermediate
Vendor: AICPA
Category: Accounting & Auditing
Prerequisites: Experience in Accounting and Financial Reporting
Advanced prep: None

Who should attend: Accts. in industry & P.A. who design internal control systems or are involved in forensic acctg.

Are you prepared for the increasing demand for forensic accountants and forensic accounting procedures to detect and prevent fraudulent financial reporting? As the focus on fraud discovery and deterrence rises, accountants must hone their skills to recognize fraudulent or deceptive practices and build their knowledge to redesign internal controls to prevent misappropriation of assets. Maintaining these valuable abilities is easier said than done. This course enables you to learn investigative techniques to uncover fraudulent scams and schemes and to sharpen your forensic skills. Don't wait to learn and practice these critical forensic competences!

Objectives

When you complete this course you will be able to:

  • Explain the differences between the role of the forensic accountant and the traditional accountant and how to utilize forensic techniques to ferret out fraudulent activity.
  • Name the foundational components of AU-C Section 240.
  • Recall analytical and investigative techniques used in forensic engagements.
  • Demonstrate ways to detect under/over-valued assets.
  • Practice preparation techniques for a successful deposition.
Topics
  • Role of the forensic accountant
  • Development of the engagement agreement
  • Common fraud scams
  • AU-C Section 240
  • Analytical and investigative techniques
  • Approaches to detect under/over valued assets
  • Preparation for the deposition phase
  • Alternative methods to settle a legal dispute
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