Description
This CPE course discusses detecting and responding to fraud and provides an overview of the various types of fraud schemes auditors may encounter.
Designed For
- Recently onboarded staff
- First-year staff
- Firms that want consistent training and level setting
Objectives
- Identify the definition of fraud in a financial statement audit.
- Identify various dimensions and types of fraud.
- Identify appropriate responses to suspicions of fraud.
- Recognize the potential of audit data analytics in common fraud procedures.
Highlights
- Fraud basics
- Statistics regarding fraud
- The audit process with respect to fraud
- Fraud schemes
- Defensive tools and approaches
- Encountering fraud
- Using audit data analytics