Course Information
Detection and Prevention of Fraud for Auditors
Course Description
This course is designed to provide auditors with an understanding of fraud, including its legal and colloquial definitions, as well as the different types and causes of white-collar crime. Participants will learn their professional responsibilities as auditors, including designing audit procedures to detect fraud, the role of internal controls, and supervision in preventing fraud. Case studies will be used to explore the fraud triangle framework and the measures taken to detect the fraud.
Course Objectives
• Cite auditor responsibilities for the detection of fraud
• Define fraud and the three components of the fraud triangle
• Demonstrate a working knowledge of the five components of internal control and how they relate to fraud prevention and detection
• Identify common fraud schemes
• Explain why frauds occur more frequently in smaller organizations
Prerequisites
No prerequisites required.
YB 4.23(L)
Instructors
Parker Skaats, CPA, is the founder of Parker CPE, LLC, where he designs and facilitates courses in government accounting and advanced auditing topics. His passion is providing high quality learning opportunities that improve efficiency and quality in small to midsize audit offices.
Parker’s experience includes working for the Federal Maritime Commission’s (FMC) Office of Inspector General (OIG) performing and supervising performance and financial audits under Government Auditing Standards. He has served on the Council of the Inspectors General for Integrity and Efficiency (CIGIE) Audit Committee’s Audit Peer Review Subcommittee and on the Federal Audit Executive Council’s (FAEC) Committee on Audit Training. Prior to this role, Parker worked in the accounting department of an international not-for-profit. Parker earned his B.S. in Accounting from American University and is a licensed Certified Public Accountant (CPA) in the State of Maryland.
Additional Information
TAC Rule 523.142(g) requires the CPE Sponsor to monitor individual attendance and assign the correct number of CPE credits. Participants will be asked to document their time of arrival and departure in compliance with this Rule. Additionally, attendance will be monitored throughout the day and CPE certificates will reflect actual attendance of each participant.
If you are making travel plans to come to Austin, we recommend making "refundable" air and hotel reservations or waiting until 14 days before the class to actually book your reservations. Courses are occasionally canceled or rescheduled due to low enrollment. We determine whether a course has enough participants 16 days prior to the course date. If we cancel or reschedule, we will email the participant and his or her billing contact no later than 14 days before the original class date.
A self-service vending area with beverages and snacks can be found on the first floor of our building next to the DPS office. There is also a refrigerator and microwave in our coffee bar area. Feel free to bring in your own drinks and food if you prefer.
You might want to bring a light sweater or jacket, as room temperatures vary.
To see answers to our Frequently Asked Questions, visit http://www.sao.texas.gov/training/faq.html