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):

04/16/2021

Registration Open:

12:00 AM - 8:00 AM

Time:

8:00 AM - 12:00 PM

Facility:

Online

Meeting Type:

Webinars

CPE Credit:

4.00

Field(s) Of Study:

Auditing (Government/Yellow Book) (4.00)

Level of Knowledge:

Basic

Price:

Member: $139.00
Nonmember: $159.00

Individual Discounts:

Not Available

Overview

What you will learn:

  • How to comply with independence requirements
  • How to maintain professional skepticism
  • How to comply with the requirement to be competent
  • How to identify conflicts of interest
  • Simple controls that would have deterred the theft
  • The damage of a malpractice lawsuit

Highlights

  • A fraud so outrageous, it’s a movie
  • Were the auditors independent?
  • How Crundwell evaded detection for 20 years
  • Impact on CPAs’ license 
  • How did the auditors assess risk? 
  • What audit procedures were performed, or not 
  • Fake documents Crundwell created 
  • Did the auditors detect the fraud?
  • Actual court filings for the malpractice lawsuit
  • What were the malpractice allegations?
  • How much the fraud cost the auditors
  • What happened to Crundwell’s family

Prerequisites

None