Accounting Fraud & Embezzlement: Case Studies from the Trenches
Author: Allison McLeod
| CPE Credit: |
2 hours for CPAs
2 hours Ethics for CTEC |
This course examines recent events involving the theft of company or public money and the circumstances that allowed the fraud to occur. We will be looking at a variety of case studies to illustrate these points. This course is ideal for CPAs, government finance personnel, all Internal Auditors, lawyers, governance professionals, accountants and human resource personnel.
Publication Date: March 2024
Topics Covered
- Reasons why fraud occurs
- Case studies of situations where embezzlement occurred
- Red flags indicating that an organization is at risk of defalcation
- Steps to prevent fraud
Learning Objectives
- Identify the factors unique to entities that create an environment for fraud to easily occur
- Identify areas where there could be an inadvertent failure to separate duties
- Identify the proper role of an external auditor and identify areas where independence can be compromised
- Identify the organization that issued the referenced Code of Conduct that prescribes that a member should apply the most restrictive provisions
- Identify the medical school case study that noted that the director of finance illegally purchased and resold over $40 million of hardware and falsified internal forms and electronic communications
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Regulatory Ethics (2 hours)
Program Prerequisites
None
Advance Preparation
None
