Accounting  |  Format: Flash

The Madoff Fraud: An Inside Look

Course Overview
The name Bernie Madoff is infamous for its association with a Ponzi scheme that went undetected for nearly twenty years and ruined innumerable lives. In this segment, H. David Kotz, who served as Inspector General for the SEC at the time the Madoff scheme was uncovered, discusses what he learned from this high profile fraud and outlines the steps that should be taken to respond to suspected corporate fraud, including the proper conduct of internal interviews to determine the facts.

Learning Objectives
Upon successful completion of this segment, you should be able to:

  • Recognize why some fraud investigations fail;
  • Identify steps an organization can take to deter fraud;
  • Recognize how to respond to corporate fraud.

    Catalog Number: 99SPK19
    CPE Credits: 1 Registry / 1 QAS
    Author: SmartPros
    Advanced Preparation:
    Work experience in financial reporting or auditing, or an introductory course in accounting
    Course Level: Update
    Field of Study: Accounting
    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 09, 2016 / Jan 01, 2021