Fraud Audit School - OAF201

Overview

This course provides audit practitioners a comprehensive understanding of the types of fraud affecting organizations and shows proven techniques for preventing and detecting fraud.  

Learning Options

Below are the available learning options for this course:

AuditProTV

Online On-Demand

This course is available through AuditProTV — a subscription-based, on-demand learning platform. As a subscriber, you will have access to an ‘all you can watch’ library of courses that are built in alignment with the National Association of State Boards of Accountancy (NASBA) standards.

Learn More & Subscribe

Enterprise Solutions

Tailored Experience

Bring this course to your organization at your convenience. ACI Learning can deliver this instructor-led course for your team at a chosen location or virtually. Alternatively, choose the topic(s) you need and ACI will craft a training solution to keep your team future-proof.

Customize Your Training

NASBA Certified CPE

32 Credits

Auditing

Why you should take this course

Users who are new to Fraud Auditing or would like to learn more about Fraud.

Who should take this course

Financial, Operational, IT, Internal and External Auditors; Audit Managers; Corporate Attorneys; Information Security professionals; Risk Management Personnel and Line Managers who need to gain an understanding of the growing risks of fraud.

What You'll learn

You will learn how to recognize the common types of fraud, and industries impacted by it. The course touches on governing bodies, data analytics, cyber fraud, and ethics. You will begin to understand how to document and maintain compliance against fraud.

Prerequisites

  • None

Course Objectives 

  • The learner will gain a foundational understanding of fraud concepts as they relate to what auditors should know. 
  • The learner will identify, define, and appreciate how to apply fraud detection and investigative concepts and practices to the internal audit process.  
  • The learner will demonstrate how to apply the concepts learned in the planning, fieldwork, and reporting phases of audits. 
  • The learner will understand how fraud and various risks can be incorporated into anti-fraud programs. 

Course Topics 

  1. Introduction to Fraud
  2. Fraud Theories
  3. The Fraud Triangle and The Elements of Fraud
  4. Audit and Investigative Standards – PCAOB
  5. Audit and Investigative Standards - AICPA
  6. Audit and Investigative Standards – IIA
  7. Audit and Investigative Standards – ACFE
  8. Audit and Investigative Standards - Yellow Book
  9. Audit and Investigative Standards - State and Federal Regulations
  10. Cash Frauds
  11. Check Frauds
  12. Credit Card Frauds
  13. Inventory Frauds
  14. Fixed Asset Frauds
  15. Payroll Frauds
  16. Accounts Receivable Frauds
  17. Accounts Payable Frauds
  18. Expense Reimbursement Frauds
  19. Cyber Frauds

Learning Options

Below are the available learning options for this course:

AuditProTV

Online On-Demand

This course is available through AuditProTV — a subscription-based, on-demand learning platform. As a subscriber, you will have access to an ‘all you can watch’ library of courses that are built in alignment with the National Association of State Boards of Accountancy (NASBA) standards.

Learn More & Subscribe

Enterprise Solutions

Tailored Experience

Bring this course to your organization at your convenience. ACI Learning can deliver this instructor-led course for your team at a chosen location or virtually. Alternatively, choose the topic(s) you need and ACI will craft a training solution to keep your team future-proof.

Customize Your Training

ACI Learning 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.