This course is very different from most courses you will take on fraud. It's specifically designed to assist accountants in industry, education and public practice with identifying the places where fraud will most likely occur by putting you in the position of the one perpetrating the fraud. You're asked, What would you do? and, How would you avoid being caught? Anyone who becomes aware of a possible fraudulent situation ignores the implications at their own peril. The course also points out the huge disconnect between the expectations and reality of what's truly effective in detecting and preventing fraud.
Identify major fraud risks.
Improve fraud detection skills.
Determine how to differentiate between small- and large-company fraud risks.
Recognize prevention versus detection, and the related costs and benefits.
A guide to committing, detecting and preventing fraud
Accountants in industry, education and public practice.
Some knowledge of internal controls and auditing procedures.
Advanced Prep: None
Speaker: Arthur L. Berkowitz
Field of Study: Accounting & Auditing
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.