Consideration of Fraud in a Financial Statement Audit  

This course assists with the understanding of the consideration of fraud in a financial statement audit. It provides auditors with operational guidance in fulfilling the responsibility to plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement as they relate to fraud in an audit of the financial statements conducted in accordance with GAAS. The auditor is provided ample information to understand the nature, timing, and impact of frauds being uncovered every day through this presentation of up-to-date facts and statistics on the frauds as found and studied by the Association of Certified Fraud Examiners in their Report to the Nation on Occupational Fraud and Abuse. This course meets the requirements to qualify for both California: Prevention, Detection and/or Reporting of Fraud and Association of Certified Fraud Examiners (CFE) fraud categories.

This course is most beneficial to professionals new to planning and performing audits. It is beneficial at the staff or entry level positions as well as for an experienced professional with limited exposure to this subject.