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Self-Study CPE
UNDERSTANDING SCHEDULE C AUDITS
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FRAUD ANALYTICS
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AGILE AUDITING
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SOC 2 AUDITS: TOP 10 CONTROL FAILURES AND HOW TO AVOID THEM
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Free cpe webinars
How to Integrate Fraud Testing into Your Audit Program

HOW TO INTEGRATE FRAUD TESTING INTO YOUR AUDIT PROGRAM

Available Date(s)
Friday, November 22, 2024: 2:00PM EST

Cost Free
CPE Credits 1.0 hour
Subject Area 1.0 - Auditing
CE Credits 0.0 hours
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

In this session, you will learn how to build a proactive fraud audit approach that detects fraud schemes in your core business systems. First, we will describe the methodology to develop your fraud tests. The theory will then be illustrated with real-life examples that have uncovered fraud schemes in the expenditure cycle.
 
Learning Objectives:


  • List and apply four strategies for incorporating fraud testing into your audit plan

  • Recognize how to calibrate the fraud test procedure for the sophistication of concealment

  • Determine the four steps in designing a fraud test procedure

  • Give examples of where that has worked

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Leonard W. Vona is the CEO of Fraud Auditing, Inc. He is a forensic accountant with more than 38 years of diversified fraud auditing experience, including a distinguished 18-year private industry career. His firm, Fraud Auditing, Inc., advises clients in litigation support, financial investigations, fraud detection, and fraud prevention.
 
Mr. Vona is the author of Fraud Risk Assessment: Building a Fraud Audit Program, The Fraud Audit: Responding to the Risk of Fraud in Core Business Systems, and Fraud Data Analytics Methodology: The Fraud Scenario Approach to Uncovering Fraud in Core Business Systems
 
Mr. Vona has successfully conducted more than 100 financial investigations and fraud auditing engagements for some of the United States' largest high-profile corporations. The net result of his efforts has saved clients millions of dollars through recovery or defense strategies. His financial investigation experience includes embezzlement, business disputes, asset theft, bribery and corruption, malpractice, and disbursement schemes. Mr. Vona's trial experience is extensive, including appearances in federal and state courts. He is qualified as an expert witness, a Certified Public Accountant (CPA), and a Certified Fraud Examiner (CFE). He is cited in West Law for the successful use of circumstantial evidence.

Mr. Vona lectures nationally and internationally on fraud risk assessments, fraud investigation, fraud prevention, and detection, and fraud schemes perpetrated on companies. He regularly speaks at audit conferences and has developed the Fraud Training Curriculum for the MIS Training Institute, an internationally recognized audit training organization. Mr. Vona has provided more than 1,000 days of fraud training to organizations around the world. He was previously on the faculty of Lally School of Management at Rensselaer Polytechnic Institute. He has written the training course on Auditors' Responsibility for Detecting Fraud – SAS99 used by CPA Societies across the country. His international training experience includes five continents and training through interpreters in Spanish, Portuguese, and Russian.
 

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  • CPE is available to all eligible participants within 24 hours of each webinar.
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CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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