Featured CE: Analyzing Financial Information to Reduce Fraud, Waste and Abuse

As our stagnant economy lingers, auditors, accountants and managers are experiencing more pressure (and opportunities) to improve net income by reducing costs. However, fraud, waste, and abuse can have a negative impact on net income. This seminar will take a fresh look at how to evaluate existing financial and operating data to identify and eliminate unnecessary and inappropriate expenses and reduce the risk of fraud. Participants will examine accounting information on a disaggregated (below the surface) basis to perform the necessary analytics. The primary focus of this seminar is to reduce the incidents of fraud, waste, and abuse and detect the breakdowns within the internal control system.  This course is offered for CPE only.

Course Particulars:

Credit Hours: 8
Level: Intermediate
Field of Study: Accounting
Requires Prerequisites or Advanced Preparation: No
Delivery Method: Online Video
Instructor: Garland Granger, MA, CPA, CIA, CFE

Upon successful completion of this course participant should be able to be complete the following objectives:

  • Understand the possible causes of fraud, waste, and abuse.
  • Understand who commits fraud and why.
  • Understand the various types of fraud and determine ways to detect and prevent them.
  • Consideration of techniques to obtain the necessary accounting or operational information
  • Communicating with clients and/or management about the problems facing them when fraud occurs.
  • Working with both internal and external benchmarking to help determine if fraud may have occurred.
  • Apply the techniques through the use of several fraud cases