Financial Statement Fraud and Asset Misappropriation

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  • Location
    • Your Space
      Your Space
      Self Study - AICPA, ID 00000
  • Credits
    • 1.00
  • Credit Type(s)
    • Accounting (1.00)
  • Prerequisites
    • None

  • Vendor
    • AICPA
  • Level
    • Basic
  • Fields of Study
    • Accounting
  • Message
    • When & Where You Want

Description

This course describes some of the issues that allow financial statement fraud to occur, including a lack of adequate internal controls over the accounting processes, management overrides of internal controls, and pressure to achieve specific financial results.

Objectives

  • Identify various types of financial fraud
  • Describe the duties of a forensic accountant in a fraud case
  • List the steps of a financial fraud investigation
  • Describe the types of Financial Statement Fraud and summarize the most common
  • Financial Statement Fraud Schemes
  • Describe instances of Asset Misappropriation
  • Define the Foreign Corrupt Practices Act

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