In July 2002, President Bush formed a task force comprised of senior executives from various federal agencies to address the barrage of corporate fraud cases that surfaced in the wake of the Enron scandal.
As the primary agency investigating corporate fraud, the FBI has focused its efforts on cases which involve accounting schemes, self-dealing by corporate employees, and obstruction of justice to conceal fraudulent activities from criminal and regulatory authorities.
This course will begin by reviewing the efforts being made by the President and several other federal corporate crime-busting governmental bodies within the United States to prevent fraud. Additionally, you will be provided with some statistics regarding corporate fraud.
Next, you will be introduced to some of the common characteristics of individuals who are most likely to commit fraud and some steps that you can take to identify them.
Subsequently, this course will identify the most frequently occurring types of corporate fraud and point out some processes and procedures which can be put into place in order to prevent these types of fraud.
Finally, you will be provided with several case studies which include the type of fraud which was committed and the punishment for the act.
Upon ordering this course, you will immediately receive instructions how to download the course as an Online pdf document. Included in this email will be log-on instructions for taking the certification exam. You have one year from date of purchase to complete the course.
After you have completed reviewing the text material, you may take your exam in our convenient, untimed online format. Tests average 5 questions for each CPE credit offered. For example, a CPE test worth 20 credits would include about 100 questions.
A score of 70% or better is required to pass this course, although there is no limit to the number of times you may take the exam in order to pass.
When you successfully pass the exam, your Certificate of Completion will be displayed on the screen. Print it out on your printer by using the "Print" command in your web browser.
This course is accepted in all but the following states for CPE credit: FL, MN, MS, OR, SC, &TN.
Course Level: Basic
Field of Study: Auditing
About The Author
Colleen Neuharth McClain is a certified public accountant (CPA) practicing in the fields of financial accounting and controllership as a sole proprietor. She is a graduate of the University of Texas and has served for more than 15 years as a controller for various organizations; small and large, public and private, domestic and international.
She is now sharing her knowledge and experiences with other accountants through writing continuing education material and exam questions.
Colleen has written and reviewed hundreds of exam questions for the American Institute of Certified Public Accountants (AICPA) over the past 5 years which are intended to appear in the database of potential CPA exam items.