How to Detect and Prevent Financial Statement Fraud

 Financial-statement-fraud-workbook  CPE Credits: 20
Course Level: Intermediate
Prerequisite: Basic Accounting Knowledge


 

 

Description: 

   

Financial statement fraud occurs when an employee intentionally causes a misstatement or omission of material information in the organizations financial reports. Although it is not the most common type of fraud, it is one of the most costly. The 2012 Report to the Nations reported that the median loss of financial statement fraud scheme was $1,000,000.

How to Detect and Prevent Financial Statement Fraud provides an overview of financial statement fraud, including why it is committed and what the motives are behind it. It also explores the types of financial statement fraud and reviews the investigation techniques used to detect these schemes. Finally, the course includes interactive, practical problems and case studies to illustrate these important concepts with real-life scenarios.
    

What you will learn:
 

Why financial statement fraud is committed and what the motives are behind it

The fraud detection responsibilities of accounting professional and management, highlighting the importance of detecting and reporting financial statement fraud

Foundational concepts of fraud examination and their application in cases of financial statement fraud

Investigation techniques used to detect financial statement fraud including ratio analysis

 

Course preview:  

 

Table of Contents 

Sample Chapter  

 

Field of study: Accounting

Last Updated: July 2013

 

ACFE Ordering and Return Policy 

 

Please note: All self-study course exams must be completed within one year of purchase date to receive CPE credit. 

 


 

nasba-cpe.gifThe Association of Certified Fraud Examiners, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org 
 

Online Video: 

 

FSF-Video-Image 

 

This course include access to exclusive online video content intended to enhance your understanding of the material covered in the workbook. While working through the course, you will occasionally be directed to the accompanying website to view a video corresponding with topics covered in the workbook. The videos feature insights from convicted fraudsters and subject matter experts to help reinforce workbook topics with real-world examples.

 
Internet connectivity is required to view the accompanying videos.
 

Online CPE exam grading available for this course: 

 
Online grading is available for ACFE self-study workbook courses. Complete the course offline at your convenience, but take the exam online the moment you're ready. Featuring instant exam results and a printable certificate, online grading offers a quick and convenient way to earn CPE.
 

Benefits of online exam grading include:
Instant exam results
Printable CPE certificate
Complete the course at your own pace
Take the exam online the moment you're ready 

 

Click here for instructions on accessing your online exam.

Online Exam Troubleshooting Guide:

Problem: When I attempt to access my exam from “My Online Learning,” the course never launches, or I receive an error message saying my pop-up blocker needs to be turned off.

Solution: Your web browser must be configured to allow pop-ups in order to access your online exam. Your browser may prompt you to allow pop-ups, or you may have to allow them manually. You may either allow them for all sites, or allow them just for the current site.

For information on how to manage your pop-up blocker settings in a specific browser, click the link below that corresponds to the browser you are using:

 Internet Explorer
 Google Chrome
 Firefox

Also note that many toolbars, such as the Google Toolbar and Yahoo! include pop-up blockers as well. If you have one or more toolbars installed on your browser with built-in pop-up blockers, you must configure them to allow pop-ups.

Problem: When I click on my exam from “My Online Learning,” I am presented with a login page, but my ACFE.com username and password won’t allow me to log in.

Solution: You do not have to log in a second time to access your exam. You most likely reached the login page because you clicked the link labeled “Click Here” as shown below:

 

 Online SS Image Absorb Error 

 

Do not click that link; instead, allow your browser to automatically open the eLearning window on its own, which should happen after a few seconds. This will log you in automatically so that you can access your online exam.

 

  

Other Troubleshooting Tips: If you encounter other errors, such as courses freezing or crashing, we recommend taking the following action:

 

Try a different browser. ACFE exams are designed to run on all modern web browsers, but if you encounter a problem that is not solved using one of the suggestions above, you can try using a different web browser to see if it eliminates the problem. We have most frequently seen where using Mozilla Firefox or Google Chrome has resolved an issue that was seen in Internet Explorer.

 
Mozilla Firefox can be downloaded here
Google Chrome can be downloaded here 

 

Make sure you are running the latest version of Flash. Go to Adobe.com to see what version of Flash you are running, and then compare that to the table on that page to see what the latest version is for your operating system/browser combination. If you are not running the newest version, you should upgrade and see if that resolves the problem.