1 Credits: Auditing
This course examines the financial statement fraud that took place in two recent cases: high-profile law firm Dewey & LeBoeuf, LLP and Internet services reseller ContinuityX Solutions, Inc. Both these cases involve financial statement fraud as well as auditor deception. We’ll first take a look at what happened, then examine possible motivating factors for the unethical conduct, determine how the auditor was deceived, and detail what lessons can be learned to help prevent similar activities from happening again.
Upon successful completion of this course, participants will be able to:
- Recognize the background events that led to fraud the Dewey & LeBoeuf and ContinuityX cases, identifying the primary elements of financial statement fraud
- Associate the primary elements of financial statement fraud in the cases in this course with audit procedures
February 7, 2023
There are no prerequisites.
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, 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 …