This course is designed to assist accountants in industry, government and public practice with identifying the places where fraud will most likely occur. Anyone who becomes aware of a possible fraudulent situation ignores the implications at their own peril. The course covers financial statement, tax and government fraud, and makes liberal use of case studies to identify differences in the motives and methodologies between the three areas.
Identify the connection between auditing procedures and detecting fraud.
Recognize what we can learn from past frauds.
Identify our role as accountants in the detection and prevention of fraud.
Outline SAS 99 and related rules governing the profession in regards to fraud.
SAS 99 and the rules which govern the profession
Financial statement case studies
Tax fraud case studies
Government fraud case studies
Accountants in industry, government and public practice.
Some level of knowledge of internal controls and auditing procedures.
Advanced Prep: None
Speaker: Arthur L. Berkowitz
Field of Study: Governmental A&A
CPE Credit: 4 Hours
Meet the Speaker:
Art Berkowitz, C.P.A. is a resource for continuing professional education. He develops webcasts and self-study courses for accountants and financial professionals. He also conducts customized accounting, ethics, and fraud seminars and workshops across the nation for CPA firms, associations, and corporations.
Art is also a noted author. He has written for numerous professional publications, including a weekly online column for The Wall Street Journaland a book on the Enron debacle. Art’s book on Enron provides a perspective on the scandal that is missing in the day-to-day news accounts. It describes the underlying ethical issues that became pervasive in the auditing, financial reporting, and investment analysis fields and the strengths and weaknesses of the proposed solutions.
Prior to opening his own practice in 1987, Art was a partner in a 23-member local accounting firm in Miami, Florida. He had previously spent six years with Coopers & Lybrand and Laventhol & Horwath.
Much of his interest in ethics stem from the three years Art served as a public member of the State Bar Grievance Committee and the four years he worked for Laventhol & Horwath, the largest CPA firm ever to file for bankruptcy protection due to unethical behavior.