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Please note that this webinar Is from a third party vendor, CPA Crossings. We strongly recommend registering no later than one-hour before the webinar begins. Please contact CPA Crossings webinar hotline if you do Not receive your webinar invitation via email within five minutes after registering:  877-370-2220 ext. 1. Thank you.

Date(s):

05/07/2024

Registration Open:

12:00 AM - 11:00 AM

Time:

11:00 AM - 1:00 PM

Facility:

Online

Meeting Type:

Webinars

CPE Credit:

2.00

Field(s) Of Study:

Auditing (Government/Yellow Book) (2.00)

Level of Knowledge:

Basic

Price:

Member: $89.00
Nonmember: $109.00

Individual Discounts:

Not Available

Overview

After attending this presentation you will be able to:

  • Identify auditor's requirements related to fraud in a financial statement audit
  • Recall core concepts fundamental to obtaining sufficient and appropriate audit evidence related to fraud in a financial statement audit
  • Recognize the key component s of the fraud risk triangle
  • Recognize some indicators of fraud
  • Identify key prevention measures that organizations can implement to attempt to prevent fraud
  • Recall significant requirements of AU-C 240, Consideration of Fraud in a Financial Statement Audit

Highlights

The major topics that will be covered in this course include:

  • The auditor's responsibilities for fraud when performing an audit as contained in AU-C 240, Consideration of Fraud in a Financial Statement Audit
  • Reviewing the components of the fraud triangle
  • A Fraud Prevention Checklist to be used by auditors and shared with their clients
  • A review of how selected fraud were uncovered in small and medium size entities, including for-profit organizations, not-for-profit organizations, and governmental entities
  • Other important matters covered in AU-C 240

Prerequisites

None