CE/CPE Course Information

Lessons for the Accountant from Frauds Related to Misappropriation of Assets

CPE Credits: 4
Subject Area: Accounting and Auditing
Field of Study: Accounting
Program Level: Overview
Lesson Version: 17-1
Publication/Revision Date: August 23, 2016
Prerequisites/Advanced Preparation: None
Written By: William A. Hillison, Ph.D., CPA, CMA

Learning
Objectives
    After completing this course, you will be able to
  • Recognize the types of fraud and apply the fraud risk model
  • Recognize fraud risk factors in actual cases of misappropriation of assets
  • Distinguish the lessons from the fraud cases related to misappropriation of assets
  • Identify controls that may be useful in deterring and detecting fraud
Course Topics
  1. Overview of the Issues
  2. Types of Fraud
  3. The Fraud Risk Model
  4. Too Much Authority -- Horsing Around
  5. Abused Authority -- A House of Cards
  6. Background Checks -- And Check the Checks
  7. Theft of Inventory -- A Jewel Case
  8. A Case of Lapping -- Sleight of Hand
  9. Ghosting of Employees -- Carper Caper
  10. Sale of Scrap -- Another Man’s Treasure
  11. Retail Sales -- Cash Is King
  12. Embezzlement -- Grave Consequences

This self-study course consists of an Audiovisual presentation, a 20-question True/False Introductory quiz, a Knowledge Transfer Outline with multiple-choice questions for study and review, and a Qualified Assessment of 20 questions.

This course is designed for your convenience. You may log out at any time during the course; your current position and all work will be saved. The next time you log in, you can resume right where you logged off.

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