Fraud, Internal Controls and Ethics: Best Practices and Case Studies

Overview

You could pay $0 for this course!

This course explores actual fraud circumstances through the lens of potential prevention. We will examine how selected frauds were accomplished and consider what internal controls may have prevented fraudsters from achieving their nefarious acts. Then we will switch gears to an interactive, case-based discussion that asks participants to reach their own conclusions by analyzing facts in concert with the AICPA Code of Professional Conduct and other sources of ethical guidance. This course ultimately provides practical, action-oriented insight that can be implemented by accounting professionals in both public practice and industry.

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. The course code for this program is C-4107. To learn more, click here or contact Julia Ekelund at jekelund@masscpas.org.

Highlights

Examination of actual frauds
Discussion of internal controls that could have prevented frauds
Contemplation of epiphanies for your own professional scenarios.
The AICPA Code of Professional Conduct
Other elements of professional conduct and compliance with professional standards

Prerequisites

None

Designed For

CPAs in public accounting, members in industry, and other business professionals who seek practical insight regarding fraud prevention and ethical behavior

Objectives

Upon completion of this course, you will be able to:

Understand what factors allowed certain frauds to occur.
Recognize what internal controls may have prevented the frauds.
Consider application of these lessons to circumstances you encounter in your professional endeavors.
Apply ethical guidance to scenarios that accounting professionals may encounter in public practice.