That day we all worry about has finally arrived and your client notifies you they had a tip about corruption in their organization, or you or one of your fellow auditors discovered some unusual transactions or events that could be indicators of corruption within your client’s organization. As an auditor are you ready to plan and perform an audit to investigate possible corruption? Whether you are a new auditor or just need a refresher on this topic this course is for you. We will review steps for planning an investigation for corruption, including reviewing the different types of corruption, the red flags for corruption, and audit steps you can take to help uncover corruption.
From an audit procedure standpoint this course will also focus on the techniques and documentation needs that an auditor needs to know. In addition, the course will offer practical advice to the auditor on conducting an audit for corrupt practices.
Publication Date: January 2023
Topics Covered
- A Review of Corruption
- Red Flags for Corruption
- Auditing for Corruption: Relying on Internal Auditors Work
- Audit Procedures for Finding Corruption
Learning Objectives
- Identify red flags for corruption
- Identify audit procedures for conducting an audit for corruption
- Recognize types of occupational frauds occurred most frequently according to the ACFE's 2016 Report to the Nations on Occupational Fraud and Abuse
- Identify employees in which department are most likely to be involved in a corruption scheme
- Identify which Act made pretexting illegal
- Recognize which type of evidence is most likely to be found on a computer
- Identify parts of the Fraud Triangle
- Recognize what does not require intent
- Identify red flags for corruption
- Describe types of corruption
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Auditing (2 hours)
Program Prerequisites
None
Advance Preparation
None
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.