Detecting & Preventing Accounts Receivable Fraud
Author: Robert K Minniti
| CPE Credit: |
2 hours for CPAs |
This course is designed to review the issue of accounts receivable frauds. Examples of actual frauds will be provided so participants can understand how the frauds are being committed and how they were uncovered. We will review various methodologies for detecting accounts receivable fraud and will discuss developing internal controls to help prevent and detect accounts receivable fraud.
Publication Date: June 2016
Designed For
CFOs, CEOs, business owners, business managers, internal auditors, external auditors, corporate accountants, government accountants and risk management personnel.
Topics Covered
- Methodologies for detecting accounts receivable fraud
- Internal controls to detect and prevent accounts receivable fraud
- Examples of actual frauds
- How frauds are being committed and uncovered
Learning Objectives
- Recognize methodologies for detecting accounts receivable fraud
- Design internal controls to detect and prevent accounts receivable fraud
- Identify types of occupational frauds which occur most frequently
- Differentiate components of the COSO Framework for Internal Control
- Recognize the rules and regulations in accordance with the ACFE
- Identify whats involved in a skimming scheme
- Recognize the control environment
- Identify the parts of the control environment
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Accounting (1 hour), Auditing (1 hour)
Program Prerequisites
None
Advance Preparation
None
