Consideration of Fraud
Description
Even though “fraud” is the forbidden “F word” in auditing, this course should not be forbidden! In this CPE eligible (1.0 hour) eLearning course, we will explore an auditor’s responsibilities for considering fraud in an audit, including the process to identify a fraud risk, how to respond to an identified fraud risk, and how to appropriately communicate any (suspected) fraud. This consideration of fraud CPE course is a must in any auditors' toolkit if you perform audits under either U.S. GAAS or PCAOB auditing standards.
This course was developed in accordance with both PCAOB Auditing Standards and AICPA U.S. Generally Accepted Auditing Standards (U.S. GAAS) utilizing the following guidance:
The guidance required by both PCAOB and U.S. GAAS is primarily the same as it relates to the various topics discussed in this course. If there are any significant differences between the two sets of standards, the course differentiates between the two.
Topics covered in this consideration of fraud CPE course include:
- Characteristics of fraud
- Fraud risk assessment procedures
- Responding to assessed fraud risks
- Fraud communications
- Evaluation and documentation
This consideration of fraud CPE course is essential for any auditor. It is easy to understand and full of practical insights and examples. And with GAAP Dynamics, you know it is also fun and engaging!
Interested in group discounts for your team? Contact us to learn more.
Learning Objective
By the end of this course, you should be able to:
- Recall an auditor’s responsibilities for the consideration of fraud in an audit of financial statements
Additional Information
| Last Updated | 12/01/2023 |
|---|---|
| CPE Credit | 1 |
| Field of Study | Auditing |
| Instructional Delivery Method | QAS Self Study |
| Knowledge Level | Basic |
| Prerequisites | None |
| Advanced Preparation | None |
| Expiration | This course, collection, or subscription expires one year from the date of purchase. The post-course assessment for each course must be satisfactorily completed, as evidenced by a passing grade of at least 70%, by the expiration date to be awarded any qualifying continuing professional education (CPE) credit. |
| Refund or Cancellation Policy | For more information regarding refunds, concerns, and program cancellation policies, please contact the GAAP Dynamics Support Team via email at support@gaapdynamics.com or call (804) 897-0608. |
$120
1h 00m
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