Financial Fraud in Government (OnDemand Webinar®)

  • Credits: 2
  • Format: OnDemand Webinar (GIB)
  • Field of Study: Auditing
  • Author/ Speaker: Michael Morgan

Course ID: Advanced Preparation: Experience Level:
MM-333.19-OD None Overview
Published Date: Program Prerequisites: Other Course Formats:
© April 2019 Understanding of Auditing Self-Study Video | Audio | OnDemand Webinar

COURSE DESCRIPTION

The Fraud Triangle – Donald Cressey (1953)

Opportunity, Incentive or Pressure, and Rationalization or Attitude

The discrepancy between pay for government employees versus the private sector occasionally rationalizes the misappropriation as compensation to make salary “equal”. A manager uncovered the fraud when his bookkeeper unexpectedly missed a few days of work and he opened a bank statement. While looking through canceled checks from the statement he was shocked, made a few phone calls, and ended upbringing in a forensic accountant. What type of fraud is this? How does fraud like this occur? What actions could have been used to stop this fraud? How could this have been detected during an audit? These are just a few of the questions we are going to look at and answer.

Topics include:

  • Personnel Fraud
  • Interim Reporting Fraud
  • Personal Use of Public Assets
  • Management Override
  • Misappropriation of Assets
  • Procurement Cards

Who Should Attend:

  • All Certified Public Accountants (CPAs)
  • Enrolled Agents (EAs)
  • Tax Return Preparers (TRPs)

Qualifies and approved with all state boards of accountancy and the following sponsorships:

NASBA
IRS
CTEC