When We Prey Bundle: Red Flag Mania Audits, Ethics, and Fraud
Available Until
Self-study
5.00 Credits
Member Price $139.00
Non-Member Price $159.00
Overview
Risk oversight by the board of directors is a key component of a firm’s enterprise risk management framework, and recently, boards have paid more attention to their firm’s tax-planning activities. In this study, we use a hand-collected sample of proxy statement disclosures about the board’s role in risk oversight and provide evidence that risk oversight is negatively associated with both tax uncertainty and overall tax burdens. We find that risk oversight is most strongly associated with positions that yield permanent tax benefits and also with less risky tax-planning activities. Overall, the evidence suggests that board risk oversight is associated with more effective tax-planning practices.
Highlights
- Behavioral Ethics
- Audit Principles
- Identify common fraud schemes
Prerequisites
Basic understanding of Audit Principles.
Designed For
Any accountant wanting to improve critical thinking and problem solving.
Objectives
- Apply the fraud triangle to identify the perpetrator
- Recognize fraudulent transactions
- Assess internal control weaknesses
- Identify red flags within the organization
- Enhance levels of professional skepticism
- Define and identify various fraud schemes
- Discuss the importance of segregation of duties
Notice
This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by CalCPA. The course expires one year from the purchase date. Format = Online Self-Study.
Non-Member Price $159.00
Member Price $139.00