2023 Fraud Update

Author: Robert K Minniti

One of the main reasons CPAs and other accountants often fail to detect fraud is that they are too honest. They find it difficult to think like a criminal. This course is designed for individuals who would like to refresh their understanding of fraud schemes and to learn how to recognize the red flags for detecting fraud. Understanding how criminals commit fraud is the first step in preventing fraud. Emphasis will be given to frauds and fraud schemes prevalent in the last year.

This course is designed to be a refresher course for CPAs, CFEs, CIAs, CMAs, MAFFs, CFFs, and others in the accounting or auditing field.

Publication Date: December 2023

Designed For
CPAs, CFEs, CFFs, MAFFs, CMAs, CIAs, internal auditors, external auditors, company accountants and others in the accounting field.

Topics Covered

• Fraud Theories
• Fraud Statistics
• Reporting Fraud
• Fraud in the News - 2023
• 2023 Fraud of the Year

Learning Objectives

• Identify red flags for fraud
• Identify fraud schemes that affect businesses
• Identify fraud schemes that affect individuals
• Identify who developed the fraud triangle theory
• Identify the percentage of occupational fraud that involves the use of cryptocurrencies according to the ACFE

Level
Update

Instructional Method
Self-Study

NASBA Field of Study
Accounting (2 hours)

Program Prerequisites
Basic understanding of accounting.

Advance Preparation
None