Auditing  |  Format: Flash

Considering the Potential Impact of Fraud: Auditors' Responsibilities

Course Overview
This course is designed to provide an overview of an auditors� responsibility to consider the impact that fraud may have on client's financial statements. Additionally, this course provides an overview of fundamental fraud-related concepts and definitions as well as fraud-related procedures an auditor is required to complete. Finally, the course presents several recent cases involving financial reporting fraud.

Learning Objectives
After completing this course, the course participant should be able to:

  • Identify the different types of fraud.
  • Differentiate between types of misstatements.
  • Identify the various categories and specific examples of fraud risk factors.
  • Identify an auditor's key responsibilities as it relates to the detection of and communication of identified fraud.
  • Recognize real world examples of companies with material fraudulent misstatements.
    Catalog Number: 99KNA11
    CPE Credits: 2 Registry / 2 QAS
    Author: Michael Chris Knapp
    Advanced Preparation:
    Course Level: Basic
    Field of Study: Auditing
    Content Partner: SmartPros Ltd.
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Sound card with speakers/headphones
     Windows or Mac OS
    Release/Expiration Dates: Nov 12, 2015 / Mar 31, 2022