Financial Statement Fraud
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(Check-In 8:40am EST)
Virtual
4.00 Credits
Member Price $219.00
Non-Member Price $309.00
Overview
Instances of financial statement fraud have occurred ever since the first financial statements were prepared. Financial statement fraud poses a significant threat to all businesses regardless of size. In this program, we will discuss fraud, the Fraud Triangle, who commits fraud, fraud red flags and motivations to commit fraud, common fraud activities, COSO internal controls, and selected financial statement fraud case studies.
This course qualifies for reimbursement through the state’s Workforce Training Express Fund. Firms/companies with fewer than 50 staff can be reimbursed up to 100% of the cost of training and firms/companies with 50-100 employees can be reimbursed up to 50% of the cost of training. You must register for the course and apply for reimbursement through the Workforce Training Express Fund website a minimum of three weeks prior to the start of the course to be eligible. The course code for this program is C-1660. To learn more, click here or contact Julia Ekelund at jekelund@masscpas.org.
Prerequisites
Basic accounting and finance knowledge
Designed For
Accountants and finance professionals in industry and public practice.
Objectives
Participants will be able to: • Define fraud in the context of financial statement fraud • Describe financial statement frauds and how they occur • Recognize both soft and hard indicators of fraud • Identify red flags of financial statement fraud • Identify who commits financial statement fraud and the incentives motivating them to do so • Recognize the most common financial statement fraud activities through selective case analysis
Preparation
None
Non-Member Price $309.00
Member Price $219.00