Fraud Evaluations: A Guide for The Compliance Professional

The topic of fraud continues to be on the radar of investors, shareholders, and regulators. Despite a Kroll Advisors survey showing a decrease of corporate fraud incidents in recent years, new fraud methods are continually being devised and identified thanks in large part to advances in technology and IT infrastructure.

Compliance professionals and auditors are not expected to have the expertise of forensic investigators, but should have working knowledge of the aspects of fraudulent activities and maintain a skeptical mind when it comes to reviewing potential violations.

This course, led by internal audit expert Lynn Fountain, provides a practitioner’s perspective of what your company should include in their internal audit programs and processes to mitigate and avoid fraud. We’ll cover:

The psychology of fraud and connection to the fraud triangle and fraud diamond
The International Professional Practices Framework (IPPF) for internal auditors
Employing the COSO 2013 towards fraud
Right-sizing the internal audit team's responsibilities
Risk assessment considerations
Reporting procedures

SKU *: crs-1563844

Sell price $: 48.00

Course Author: Lynn Fountain

Authored on: 2014-11-16 18:33:39 -0700

Course Preview:

Course Short Description:

This course provides an expert perspective on establishing internal audit programs to mitigate and reduce fraud.

Course rating: 4.6(359)

Compliance Deep Tag: CPA Florida Board-Approved Ethics

Credit Hours: 2

CPE Credits Awarded *: 2

Approval Status: - None -

Course is for: ** Main Course Library **

Course Duration: 2

Complexity of Content: Intermediate

Suppress in lists: No

Last Updated/Reviewed Date: March 14, 2024

Course Topic: "Governance, Risk and Compliance (GRC)", Internal Audit, Workplace Fraud

Prerequisitses:

Prerequisite: Exposure to internal controls

This seminar will review critical concepts that internal auditors must consider and be educated in. No advanced preparation or prerequisites are required, but the following courses will provide useful context.

The psychology of fraud and connection to the fraud triangle and fraud diamond.
Examining the IPPF Framework and executing responsibility for fraud processes.
Employing COSO 2013 within fraud concepts.
Considerations for reporting procedures when fraud is identified.

Advanced Preparation: None

Learning Objective:

Identify the attributes of fraud
Identify 5 Control Environment principles that can be connected to the need to evaluate for fraud
Recognize how to utilize professional skepticism when evaluating for fraud

Access Group Content Tag: [aa] Chicagoland 2019

Coupon Terms: Coupon-Fountain

Course Functional Titles: Risk Manager

Learning Tags:

Audit Risk Assessment, ERM, IA Fraud

Course Type: CPE Course

crs_type:

CPE Course

Format: on_demand

format_crs:

on_demand

Audit & Accounting: No

Careers: No

Ethics (NASBA): No

Excel: No

Finance: No

Human Resources (HR): No

Internal Audit: Yes

Leadership & Management: No

Marketing: No

Operations: No

Productivity & Tech: No

Risk Management: Yes

Sales: No

Tax: No

Free Trail: No

Other: No

Field of Study: Auditing

crs cat:

Internal Audit, Risk Management

CPA: Yes

CPD-IES8: Yes

CMA: Yes

CFE: Yes

Yellow Book: Yes

CGFM: Yes

CIA: Yes

CRMA: Yes

CPP: No

FPC: No

CTP: No

FP&A: No

CISM: No

CRISC: No

CISA: No

CIST: No

CRFS: Yes

SHRM-CP: No

SHRM-SCP: No

PHR: No

SPHR: No

GPHR: No

aPHR: No

PHRca: No

PHRi: No

SPHRi: No

cert type:

CPA, CPD-IES8, CMA, CFE, Yellow Book, CGFM ,CIA, CRMA, CRFS

Enable/Disable: Yes

CPE Credits CPA: 2

Field of Study CPA: Auditing

CPE Delivery Method CPA: QAS Self-Study

Program Location CPA:

Online

*Program Level: Basic

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

Enable/Disable: Yes

Hours CPD-IES8: 2

Field of Study CPD-IES8: Auditing

CPE Delivery Method CPD-IES8: QAS Self-Study

Program Location CPD-IES8:

Online

Enable/Disable: Yes

CPE Credits CMA: 2

Field of Study CMA: Auditing

CPE Delivery Method CMA: QAS Self-Study

Program Location CMA:

Online

*Program Level: Basic

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

Enable/Disable: Yes

CPE Credits CFE: 2

Field of Study CFE: Financial Transactions and Fraud Schemes

CPE Delivery Method CFE: QAS Self-Study

Program Location CFE:

Online

*Program Level: Basic

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

Enable/Disable: Yes

CPE Credits CGFM: 2

Field of Study CGFM: Analytical Procedures

CPE Delivery Method CGFM: QAS Self-Study

Program Location CGFM:

Online

*Program Level: Basic

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

Enable/Disable: Yes

CPE Credits YB: 2

Field of Study YB: Other

CPE Delivery Method YB: QAS Self-Study

Program Location YB:

Online

Enable/Disable: Yes

CPE Credits CIA: 2

Field of Study CIA: Auditing and accounting

CPE Delivery Method CIA: QAS Self-Study

Program Location CIA:

Online

*Program Level: Basic

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

Enable/Disable: Yes

CPE Credits CRMA: 2

Field of Study CRMA: Assessing/assurance of risk management activities

CPE Delivery Method CRMA: QAS Self-Study

Program Location CRMA:

Online

*Program Level: Basic

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

Enable/Disable: No

*Program Location:

Online

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

~Credit Details CPP:

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            <td align="left" valign="middle"><span style="font-size:10px;font-weight:normal;">This activity, &nbsp; <span style="font-size:12px;font-weight:bold;">ID No. 19 ILL 000</span> &nbsp; has been approved for &nbsp;1.0 Recertification Credit Hour(s) toward CPP recertification through the American Payroll Association (APA). Please make note of the Course Code on your CPP Recertification Log. For more information about certification or recertification, please visit the APA website at &nbsp; <a href="http://www.americanpayroll.org/certification/recertification/">www.americanpayroll.org</a>. </span></td>
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*Program Location:

Online

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

~Credit Details FPC:

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            <td><img src="https://www.illumeo.com/lpfiles/certifications/APA-generic-RCH-updated-annually.png" width="80" height="80" alt="Approved by APA"></td>
            <td align="left" valign="middle"><span style="font-size:10px;font-weight:normal;">This activity, &nbsp; <span style="font-size:12px;font-weight:bold;">ID No. 19 ILL 000</span> &nbsp; has been approved for &nbsp;1.0 Recertification Credit Hour(s) toward CPP recertification through the American Payroll Association (APA). Please make note of the Course Code on your CPP Recertification Log. For more information about certification or recertification, please visit the APA website at &nbsp; <a href="http://www.americanpayroll.org/certification/recertification/">www.americanpayroll.org</a>. </span></td>
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Program Location CTP:

On Demand/Online

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

Enable/Disable: No

Program Location FP&A:

On Demand/Online

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

Description:

Approved for up to 2.4 FP&A recertification credits by the Association for Financial Professionals

Enable/Disable: No

Program Location IRS-EA:

Online

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

~Credit Details IRS-EA:

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            <td><img src="https://www.illumeo.com/lpfiles/IRS_CE_Provider_Logo_Color.jpg" width="150" height="39" alt="pre-approved by IRS"></td>
            <td align="left" valign="middle"><span style="font-size:10px;font-weight:normal;">This activity, &nbsp; <span style="font-size:12px;font-weight:bold;">ID No. XXXXXX</span>&nbsp;has been approved for &nbsp;#### CPE credit hours toward IRS Enrolled Agent (EA) continuing education requirements. In accordance with the standards set forth in Circular 230 section 10.6, CE credits have been granted based on a 50-minute hour. </span></td>
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Enable/Disable: No

Program Location CISM:

Online

Enable/Disable: No

Program Location CRISC:

Online

Enable/Disable: No

Program Location CISA:

Online

Enable/Disable: No

Program Location CIST:

Online

Enable/Disable: Yes

CPE Credits CRFS: 2

Critical Risk Domain CRFS: Identity Theft Overview

CPE Delivery Method CRFS: QAS Self-Study

Program Location CRFS:

Online

Enable/Disable: No

*Program Location:

Online

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

~Credit Details SHRM-CP:

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            <td align="left" valign="middle"><span style="font-size:10px;font-weight:normal;">This activity, &nbsp; <span style="font-size:12px;font-weight:bold;">ID No. XXXXXX</span>&nbsp;has been approved for &nbsp;#### recertification credit hours toward SHRM-CP™ and SHRM-SCP™ recertification through the Society of Human Resource Management® (SHRM®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the Society for Human Resource Management website at &nbsp; <a href="https://www.shrm.org/certification">www.shrm.org</a>. </span></td>
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Enable/Disable: No

*Program Location:

Online

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

~Credit Details SHRM-SCP:

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    <tbody>
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            <td><img src="https://www.illumeo.com/lpfiles/shrmcertseal2017.png" width="80" height="60" alt="pre-approved by SHRM"></td>
            <td align="left" valign="middle"><span style="font-size:10px;font-weight:normal;">This activity, &nbsp; <span style="font-size:12px;font-weight:bold;">ID No. XXXXXX</span>&nbsp;has been approved for &nbsp;#### recertification credit hours toward SHRM-CP™ and SHRM-SCP™ recertification through the Society of Human Resource Management® (SHRM®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the Society for Human Resource Management website at &nbsp; <a href="https://www.shrm.org/certification">www.shrm.org</a>. </span></td>
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*Program Location:

Online

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

~Credit Details PHR:

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            <td><img src="https://www.illumeo.com/lpfiles/hrci_ap_preapprovedseal_2016_150x.png" width="80" height="80" alt="pre-approved by HRCI"></td>
            <td align="left" valign="middle"><span style="font-size:10px;font-weight:normal;">This activity, &nbsp; <span style="font-size:12px;font-weight:bold;">ID No. 000000</span> has been approved for &nbsp;1.0 HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at &nbsp; <a href="https://www.hrci.org">www.hrci.org</a>. </span></td>
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Enable/Disable: No

*Program Location:

Online

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

~Credit Details SPHR:

This activity, ID No. 000000 has been approved for 1.0 HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.

Description:

This program has been approved for 2 Business aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification credit hours through the HR Certification Institute. For more information about certification or recertification, please visit the HR Certification Institute homepage at www.hrci.org.
The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.

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*Program Location:

Online

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

~Credit Details GPHR:

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            <td><img src="https://www.illumeo.com/lpfiles/hrci_ap_preapprovedseal_2016_150x.png" width="80" height="80" alt="pre-approved by HRCI"></td>
            <td align="left" valign="middle"><span style="font-size:10px;font-weight:normal;">This activity, &nbsp; <span style="font-size:12px;font-weight:bold;">ID No. 000000</span> has been approved for &nbsp;1.0 HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at &nbsp; <a href="https://www.hrci.org">www.hrci.org</a>. </span></td>
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Enable/Disable: No

*Program Location:

Online

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

~Credit Details aPHR:

<table width="100%" border="0" cellspacing="0" cellpadding="5">
    <tbody>
        <tr>
            <td><img src="https://www.illumeo.com/lpfiles/hrci_ap_preapprovedseal_2016_150x.png" width="80" height="80" alt="pre-approved by HRCI"></td>
            <td align="left" valign="middle"><span style="font-size:10px;font-weight:normal;">This activity, &nbsp; <span style="font-size:12px;font-weight:bold;">ID No. 000000</span> has been approved for &nbsp;1.0 HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at &nbsp; <a href="https://www.hrci.org">www.hrci.org</a>. </span></td>
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Enable/Disable: No

*Program Location:

Online

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

~Credit Details PHRca:

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            <td><img src="https://www.illumeo.com/lpfiles/hrci_ap_preapprovedseal_2016_150x.png" width="80" height="80" alt="pre-approved by HRCI"></td>
            <td align="left" valign="middle"><span style="font-size:10px;font-weight:normal;">This activity, &nbsp; <span style="font-size:12px;font-weight:bold;">ID No. 000000</span> has been approved for &nbsp;1.0 HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at &nbsp; <a href="https://www.hrci.org">www.hrci.org</a>. </span></td>
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Enable/Disable: No

*Program Location:

Online

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

~Credit Details PHRi:

<table width="100%" border="0" cellspacing="0" cellpadding="5">
    <tbody>
        <tr>
            <td><img src="https://www.illumeo.com/lpfiles/hrci_ap_preapprovedseal_2016_150x.png" width="80" height="80" alt="pre-approved by HRCI"></td>
            <td align="left" valign="middle"><span style="font-size:10px;font-weight:normal;">This activity, &nbsp; <span style="font-size:12px;font-weight:bold;">ID No. 000000</span> has been approved for &nbsp;1.0 HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at &nbsp; <a href="https://www.hrci.org">www.hrci.org</a>. </span></td>
        </tr>
    </tbody>
</table>

Enable/Disable: No

*Program Location:

Online

*Prerequisites:

No advanced preparation or prerequisites are required for this course.

~Credit Details SPHRi:

<table width="100%" border="0" cellspacing="0" cellpadding="5">
    <tbody>
        <tr>
            <td><img src="https://www.illumeo.com/lpfiles/hrci_ap_preapprovedseal_2016_150x.png" width="80" height="80" alt="pre-approved by HRCI"></td>
            <td align="left" valign="middle"><span style="font-size:10px;font-weight:normal;">This activity, &nbsp; <span style="font-size:12px;font-weight:bold;">ID No. 000000</span> has been approved for &nbsp;1.0 HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at &nbsp; <a href="https://www.hrci.org">www.hrci.org</a>. </span></td>
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Hours: 1.0

Free Marketing Course: No

Sponser: Illumeo

Participation: Solo

Instructor: Recorded

Presence: Remote