With the onset of the COVID-19 virus and the shutdown of the worldwide economy what new risks exist for businesses. The criminals came up with new scams within days of the virus outbreak. Learn how criminals are trying to take advantage of the virus to line their pockets with ill-gotten gains. What internal controls should companies be using to protect organization. We will discuss IT and other frauds as well as cybersecurity in a COVID-19 environment.
Publication Date: April 2021
Designed For
CPAs, CFEs, CMA, CIAs, CFFs, MAFF, CGMAs, CFOs, CEOs, business owners, business managers, internal auditors, external auditors, corporate accountants, government accountants and risk management personnel.
Topics Covered
- Review of Fraud
- COVID-19 Cybersecurity Risks
- COVID-19 Scams & Frauds
Learning Objectives
- Identify frauds and scams related to the COVID"19 pandemic
- Recognize how criminals are trying to take advantage of the virus
- Identify internal controls companies should be using to protect organization
- Describe IT and other frauds as well as cybersecurity in a COVID-19 environment
- Identify which organization announced a data breach for applicant's personal information regarding disaster loan applications
- Identify which government agency warned consumers about COVID-19 funeral scams
- Describe which US Senator criminals filed a fraudulent unemployment claim for
- Recognize the maximum amount a business could receive from the United States COVID-19 Relief Program
- Describe which stimulus program employees at Chase Bank illegally used customer information for
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Accounting (2 hours)
Program Prerequisites
null
Advance Preparation
null
Instructor
Robert K Minniti
DBA, CPA, CFE, Cr.FA, CVA, MAFF, CFF, CGMA, PI
Dr. Minniti is the President and Owner of Minniti CPA, LLC. Dr. Minniti is a Certified Public Accountant, Certified Forensic Accountant, Certified Fraud Examiner, Certified Valuation Analyst, Certified in Financial Forensics, Master Analyst in Financial Forensics, Chartered Global Management Accountant, and is a licensed private investigator in the state of Arizona.
Dr. Minniti received his doctoral degree in business administration from Walden University, received his MBA degree and Graduate Certificate in Accounting from DeVry University’s Keller Graduate School of Management, and received his Bachelor of Science in Business Administration degree from the University of Phoenix. Dr. Minniti taught graduate and undergraduate courses in forensic accounting at DeVry University, Grand Canyon University, Kaplan University, Northwestern University, and the University of Phoenix. He designed graduate and undergraduate courses for Grand Canyon University, Northwestern University, and Anthem College.
He is a writer and public speaker. He has experience in forensic accounting, fraud examinations, financial audits, internal audits, compliance audits, real estate valuations, business valuations, internal control development, business continuation planning, risk management, cyber security, privacy laws, data security, Sarbanes-Oxley compliance work and business consulting. In addition to his practice Dr. Minniti is an instructor teaching continuing professional education classes for a variety of providers and CPA Societies.
Dr. Minniti is currently serving as a board member on the National Association of Certified Valuators and Analysts' (NACVA) Litigation Forensics Board (LFB) and as a committee member on the Arizona State Board of Accountancy's Law Review Advisory Committee.