Accounting Fraud: Recent Cases

1 Credits: Accounting


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Accounting Fraud: Recent Cases

Course Level
CPE Credits

1 Credits: Accounting

Course Description

“Accounting Fraud: Recent Cases” is a course meticulously crafted for finance professionals seeking to strengthen their organization’s defense against fraud. This course delves into the intricate details of three notorious accounting frauds, offering invaluable lessons on the importance of robust internal controls, diligent management oversight, and unwavering organizational ethics.

Participants will benefit from an in-depth understanding of the auditor’s responsibility in detecting fraud, the correlation between fraud and internal control weaknesses, and the indispensable role of independent board and audit committee oversight. By drawing practical knowledge from the Koss Corporation, Fair Finance Company, and Diamond Foods cases, this course equips you with the acumen to not only recognize potential fraud signals but also implement effective preventive measures. Transform your approach to financial oversight and play a pivotal role in fortifying your organization against fraudulent activities.

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Learning Objectives

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

  • Recognize the auditor responsibility for internal controls and fraud detection as part of its audit
  • Associate fraud with inadequate internal controls
  • Recognize the importance of independent board of director and audit committee oversight in the prevention of fraud
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Course Specifics

Course ID
Revision Date
October 18, 2022

There are no prerequisites.

Advanced Preparation


Number of Pages

Compliance Information

NASBA Provider Number: 103220
Qualifies for CA Fraud: Yes
Qualifies for CA Fraud Credits: 1

CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

Meet The Experts

Joseph Helstrom Headshot

Joseph Helstrom, CPA, is a partner at CFO Resources, LLC, a company focused on training and courseware for CPAs. He’s also the owner of Mill Creek Publishing LLC. Joe has over 30 years of experience as a CPA in both public accounting and industry, with extensive experience in financial reporting and analysis, treasury, tax, information technology, legal and regulatory matters, and strategic planning. After graduation from Butler University with a degree in accounting, Joe got his start at Ernst & Young. Subsequent to that, he has served for several different companies as a chief financial officer; director of treasury and …