Shoot for the Moon: When Fraud Kills Your Company

Overview

Organizational support for alternative work arrangements (AWAs) is essential for the effective implementation of AWAs in public accounting, yet studies consistently suggest that such organizational support is lacking. Despite mass adoption of telecommuting (one type of AWA) during the COVID-19 pandemic, recent evidence suggests that firms vary greatly in the extent to which they plan to support telecommuting in the post-pandemic environment. Using a sample of 133 public accounting professionals, we explore whether several factors under the organization’s control influence perceived organizational support for telecommuting and whether such support is linked with perceived career penalties from telecommuting usage and turnover intentions. Findings indicate that supervisor support for personal/family needs and procedural justice regarding telecommuting requirements are positively associated with perceptions of organizational support for telecommuting. Greater perceived organizational support for telecommuting is associated with both lower perceived career penalties from telecommuting usage and lower turnover intentions.

Highlights

• Forensic Accounting in Complex Liquidations
• Identifying Financial Irregularities and Fraud Schemes
• Fiduciary Duties and Trustee Responsibilities

Prerequisites

Basic knowledge of fraud and forensic accounting.

Objectives

• Analyze the forensic accounting techniques used to uncover financial irregularities, including a kiting scheme, Ponzi scheme, and merchant cash advance lending activities.
• Understand the role, responsibilities, and fiduciary duties of a liquidating trustee in the context of winding down a multi-state franchise operation.
• Evaluate the step-by-step process undertaken by the trustee to investigate and resolve complex financial issues in the Shoot the Moon case study.

Preparation

None.

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.