This course presents the tools and techniques for conducting an internal fraud investigation. The structure of an investigation is detailed from the fraud allegation to the written report. Evidence collection techniques are described, along with an emphasis on an understanding of the laws in place to protect parties involved in an investigation. The material covered in this course is applicable to external auditors, fraud examiners, government auditors, and internal auditors.
Association of Certified Fraud Examiners
The Association of Certified Fraud Examiners, begun in 1988, is based in Austin, Texas. The Association is a 20,000 member professional organization dedicated to educating qualified individuals (Certified Fraud Examiners), who are trained in the highly specialized aspects of detecting, investigating, and deterring fraud and white-collar crime. Each member of the Association designated a Certified Fraud Examiner (CFE) has earned certification after an extensive application process, and upon passing the uniform CFE Examination. CFEs come from various professions including auditors, accountants, fraud investigators, loss-prevention specialists, attorneys, educators, and criminologists. Certified Fraud Examiners gather evidence, take statements, write reports, and assist in investigating fraud in its varied forms. CFEs are employed by most major corporations and government agencies and others provide consulting and investigative services.
The Association sponsors nearly 90 worldwide local chapters. CFEs in over 50 countries on four continents have investigated more than 1 million suspected cases of civil and criminal fraud. Criminologist and former FBI agent Joseph T. Wells, CFE, CPA, is Chairman and founder of the Association as well as an advisory member of the Board of Regents. Criminology expert and scholar Gilbert Geis, Ph.D., CFE, is the Associations president. The Association serves its Members with a staff of close to 40 dedicated professionals. Among the benefits and services offered by the Association are The White Paper, a bi-monthly magazine; professional-education products; EthicsLine, a subscription company employee hotline; and numerous national and international seminars and conferences a year, devoted to continuing education.
The Association of Certified Fraud Examiners has received critical acclaim throughout the media. The Wall Street Journal said the Association is "The premier financial sleuthing organization," and ABC-TVs Nightline calls Joseph T. Wells "the countrys foremost fraud specialist." Among other publications to praise the efforts of the Association include Forbes magazine, The New York Times, ABC News 20/20, and CBS News 60 Minutes.
Speaker / Author:
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.