Course ID: CL4FAFR

Forensic Accounting: Uncovering Schemes and Scams


This course enables you to learn investigative techniques to uncover various fraudulent schemes and scams and to sharpen your forensic skills. The course prepares you to meet the increasing demand for accountants to develop effective forensic accounting procedures to detect and prevent misappropriation of assets, management fraud, and 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. Don’t wait to learn and practice these critical forensic competencies!


LEARNING OBJECTIVES
  • Determine the differences between the role of the forensic accountant and the traditional accountant and how to utilize forensic techniques to ferret out fraudulent activity.
  • Identify the foundational components of AU-C section 240.
  • Recall analytical and investigative techniques used in forensic engagements.
  • Determine ways to detect under/over-valued assets.
  • Recall key points related to the deposition phase of the litigation process.

MAJOR 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

DESIGNED FOR
Accountants in industry and public practice who are responsible for designing internal control systems or are involved in forensic accounting activities

PREREQUISITES
Experience in accounting and financial reporting

COURSE PRODUCER
AICPA

CPE CREDITS
4.0

LEVEL
Intermediate

This course is available to be scheduled as:

Group Live Webcast - 4 hour
 

Let's Roll!

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Or, contact BLI: 888-481-3500 or learn@blionline.org