There are no prerequisites.

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Self-Study Video


Course Description

Occupational fraud is a serious issue for many businesses. This course uses real case studies to demonstrate how effective detection procedures can help identify and prevent fraud in the workplace. You'll learn the latest techniques that you can implement right away to ensure that proper controls are in place and that the correct procedures are followed when fraud is suspected.


David W. Holt, CPA, CFE

David Holt, CPA, CFE, has been recognized by the AICPA as an Outstanding Discussion Leader for the state of Texas. He also was voted Outstanding Speaker of the Year for 2006–2007 by the Rio Grande Valley Chapter of the Texas Society of CPAs. He has more than 30 years’ experience in public accounting (as an auditor and fraud examiner) and has taught CPE seminars since 1992.

David has written on more than a dozen CPE topics and was a contributing author A Guide to Preparing Governmental Financial Statements (Practitioners Publishing Company). He’s also a former faculty member of the Association of Certified Fraud Examiners. In addition to teaching more than 80 seminars a year, David provides audit, accounting, and fraud consultations and training for CPA firms, corporations, governments, and nonprofit organizations.

Course Specifics

Dec 20, 2017
There are no prerequisites.

Compliance Information

Qualifies for CA Fraud: 3 Aud, 1 CA Fraud

Learning Objectives

Upon successful completion of this course, participants will be able to:

Section 1

  • List an item excluded from the forensic accounting toolbox.
  • Identify a situation that creates the opportunity for asset misappropriation.
  • Choose an example of an employee expense misappropriation scheme.
  • Identify a true statement about fraud or abuse.
  • Name the forensic accounting tool applied in reviewing attendance records.
  • Cite the side of the fraud triangle displayed by an employee who harbors resentment against an employer.
  • Choose the type of fraud or abuse given a set of circumstances.

Section 2

  • Identify the most useful demeanor for conducting interviews and how a dishonest employee views an auditor who lacks people skills.
  • List an inappropriate step for an employer who notices an employee displaying apparent new wealth.
  • Specify a way for an interviewer to overcome the fear of confrontation and how to deal with an interviewee who is trying to intimidate with shouting and emotional outbursts.
  • Name the primary internal control weakness for most small businesses and the most important internal control procedure for any business.
  • Cite the primary consideration of an employer that chooses not to pursue an action against an employee committing theft.

Section 3

  • List a term for fraud committed with both the CFO and CEO's knowledge.
  • Choose an action that is not a behavioral red flag of potential fraud.
  • Identify the type of employee who is most likely to commit fraud.
  • Name the fastest-growing fraud and the approach that has been most effective at detecting and preventing fraud.
  • Cite information excluded from the 2012 Report to the Nations on Occupational Fraud and Abuse.
  • Specify why small businesses are impacted by fraud more than larger ones and the corporate department with the most incidences of fraud.
  • Define the fraud checklist strategy characterized by executive management claiming honesty and expecting it of employees and an employer offering to pay for counseling to help an employee with alcohol abuse.

Section 4

  • List an action that is not a potential fraud red flag and a recommended action that the owners didn't agree with in Crime Scene two.
  • List an action not committed by the yogurt shop owners.
  • Specify a good rule of thumb in estimating fraud losses in an organization.
  • Calculate the estimated loss due to misappropriation of financial assets given a set of circumstances.
  • Identify the median loss for misappropriations per incident.

Choose Your Preferred Format

Online Access

Get immediate access to a robust collection of learning and reference materials, allowing you to dive deep into the information you need. Our self-study materials are authored by top-quality, industry experts who focus on helping you grasp concepts quickly using real-life examples. Download your CPE to any device, and take it with you so you can learn when and wherever you want. Complete your CPE with an online exam, and enjoy instant grading with the option to print your certificate immediately upon passing.

online access
Hard Copy

Our self-study materials are authored by top-quality, industry experts. You’ll receive a bound notebook of all the course materials, shipped to you within one business day. In addition, you’ll also have full online access. Each self-study package includes a robust collection of learning and reference materials to help you cover the information efficiently and put it into practice immediately.

hard copy
Self-Study Video

Experience high-quality instruction with our Self-Study Videos, available to you 24/7. With more than 80+ videos currently in the Western CPE Self-Study Video library, you can see and hear our expert instructors deliver the information you need in a dynamic way that allows you to immediately apply your learning. Unlike a live course or webcast, you can complete the course on your own time, playing and pausing as needed. Self-Study Videos allow you to complete your CPE requirements on your own time.

hard copy

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