Fraud Risk

Fundamentals of Fraud Detection and Prevention v.3

Course Overview:

This course presents the methodology for conducting an investigation of occupational fraud. Applicable standards and legal issues are addressed, along with the typical types of fraud encountered in the workplace. Strategies for detection and prevention of fraud are also described. The material covered in this course is applicable to external auditors, fraud examiners, and internal auditors.

Learning Objectives:

After completing this course, the course participant should be able to:
  • Define key terms used in fraud examinations.
  • Recognize fraud examination methodology.
  • Identify legal considerations in a fraud examination.
  • Recognize common financial statement frauds and techniques for detection.
  • Identify typical bribery and corruption schemes and tools for detection.
  • Recognize employee asset misappropriation schemes and means of detection.
  • Identify strategies for preventing financial and occupational fraud.

  • Content Partner:

    SmartPros Ltd.

    SmartPros Ltd. is a leader in online and offline continuing education for
    accounting, finance and engineering professionals. With over 2,000 hours of
    content, SmartPros has been providing mandatory continuing education
    products since 1981. SmartPros provides services and content to its
    professional and corporate clients, in a variety of media including Web, CD
    ROM, and video. In the accounting market, SmartPros also has a predominant
    news and information portal which receives 200,000+ visits per month and
    provides services to over 100,000 subscribers. SmartPros' customers include
    50% of the Fortune 500, as well as the major firms and associations in each
    of its professional markets.

    Prerequisites/Advanced Preparation:

    Basic knowledge of auditing

    Speaker / Author:

    Barbara Apostolou
    Barbara Apostolou, PhD, CPA is a professor of accounting at West Virginia University. She has authored or co-authored nearly 60 articles and several books and a number of courses for SmartPros. She served for ten years as editor of the Educational Research Section for Issues in Accounting Education and serves on the editorial board of the Journal of Accounting Education. She was awarded the Society of Louisiana CPAs/AICPA Lifetime Achievement in Accounting Education Award in 1996 and is the recipient of 12 awards for teaching excellence.

    Software & Hardware Requirements:

    • 56k or Greater Internet Connection
    • Adobe Acrobat® Reader for the .pdf files
    • Adobe® Flash® Player 8 or higher
    • Modern DHTML Compatible Browser
    • Ram: 256 MB minimum
    • Windows or Mac OS


    Price (USD)

    Standard Rate: $74.85


    Course Code : 992003-v3

    Release Date : 09/11/2014
    Expire Date : 07/01/2020
    Credits :
    CPE 3.00
    QAS 3.00

    Course Level : Basic
    Course Type : New Standards
    Length : 2hr 30min
    Passing Grade : 70%
    Field Of Study : Auditing
    Theme : Fraud Risk

    Format Type : eLearning

    Included In

    Returning Subscribers

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