- NY Credits : 2.0
- TX Credits : 2.0
Brainstorming Your Way to Fraud Prevention
Designing an audit program to suit your clients is key to planning an effective and efficient audit. While all auditors are required to brainstorm for fraud at the beginning of every audit, many don't know how to match up the plan to the account assertions. This course provides different brainstorming techniques to identify where the risk of fraud may exist for your clients. Identifying where the risks lie is key to planning the right procedures to obtain evidence to support the audit assertions associated with a particular account.
Upon successful completion of Brainstorming Your Way to Fraud Prevention, the user should be able to:
define and identify fraud, the Fraud Triangle, and fraud trends;
establish and assess brainstorming preventative sessions;
identify fraud components and fraud risks; and
establish best practices for preventing and detecting fraud.