Money Laundering
Author: Robert K Minniti
| CPE Credit: |
2 hours for CPAs |
We have all heard of money laundering, but did you ever wonder how it works? This course is designed to review the issue of money laundering. Examples of actual money laundering cases will be provided so participants can understand how these frauds are being committed and how they were uncovered. We will review various methodologies for detecting money laundering schemes and will discuss developing internal controls to help prevent and detect money laundering schemes. We will review some of the legal issues involved in money laundering and how this could affect your business.
Publication Date: August 2023
Designed For
CPAs, CFEs, CFFs, MAFFs, CGMAs, CMAs, CIAs, CFOs, CEOs, business owners, business managers, internal auditors, external auditors, corporate accountants, government accountants and risk management personnel.
Topics Covered
- Review various methodologies for detecting money laundering schemes
- Examples of actual money laundering cases
- Understand how these frauds are being committed and how they were uncovered
- Discuss developing internal controls to help prevent and detect money laundering schemes
- Review some of the legal issues involved in money laundering and how this could affect your business
Learning Objectives
- Identify different ways to launder money
- Identify anti money laundering laws
- Identify methodologies for detecting money laundering
- Recognize how to design internal controls to prevent and detect money laundering
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Accounting (1 hour), Auditing (1 hour)
Program Prerequisites
None
Advance Preparation
None
