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: 18-1
Publication/Revision Date: February 7, 2019
Prerequisites/Advanced Preparation: None
Written By: William A. Hillison, Ph.D., CPA, CMA

After completing this course, you will be able to
  • Explain the types of fraud and apply the fraud risk model
  • Recognize fraud risk factors in actual cases of misappropriation of assets
  • Discuss the lessons from the fraud cases related to misappropriation of assets
  • Identify controls that may deter or detect 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. Stealing Information -- Asset of a Different Color
  13. Embezzlement and Bribery -- Grave Consequences

This self-study course consists of an Audiovisual presentation or 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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