How to Detect and Prevent Financial Statement Fraud

Financial-statement-fraud-workbook

CPE Credit: 20
Course Level: Intermediate
Prerequisite: Basic knowledge of financial transactions and accounting



 

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 2014 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.
    

You Will Learn How To:
 

Assess financial statement fraud at HealthSouth

Evaluate case examples throughout the course

Interpret Auditing Standard No. 5

Recognize fraud detection responsibilities of management and auditors

Categorize financial statement fraud schemes

Identify fictitious revenues, and concealed liabilities and expenses

Recognize improper disclosures and asset valuations

 

Course preview:  

 

Table of Contents 

Sample Chapter  

 

Field of study: Accounting

Last Updated: July 2013

 

ACFE Ordering and Return Policy 

 

Please note: To be eligible for CPE credit, you must complete the final exam within one year of purchase date. You may only claim CPE credit for a course once. 

 

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 

 

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  Online SS Image Absorb Error 

 

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