Watch a qualified CPA instructor teaching the course and access a copy of the same course material that is provided to attendees of an in-person session. 

After registering for a Video on Demand course, CPA Saskatchewan will send you information on how to access the course within 2 business days.

Click HERE for more information on Video-On-Demand courses.

OBJECTIVE:
Case discussions, sample codes of conduct, fraud policies, fraud risk checklists, numerous examples and other practical materials will help participants build a corporate culture and framework that prevents and detects fraudulent activity. 

WHO WILL BENEFIT:
CPAs in industry who require knowledge of potential fraud indicators in their transaction streams, and how to develop an integrated approach for effective fraud risk management and public practitioners who want to better identify indicators of potential fraud which can assist in the conduct of an effective audit.

LEARNING OUTCOMES:
“Real life” examples of fraud and examples based on instructor and participant experiences explain why need to manage fraud. An integrated approach is used to describing the five key COSO principles of fraud risk management outlined below. Participants will leave the course with a stronger understanding of:

• why fraud risks need to be managed,
• COSO framework for Fraud Risk Management,
• Principle 1: Governance - creating an ethical environment: discussion about codes of conduct, fraud policies, hotlines, ethics training, employee declarations, and other practices,
• Principle 2: Comprehensive fraud risk assessment: fraud indicators and red flags, and a series of fraud risk assessment cases,
• Principle 3: Preventive and detective fraud control activities: a high-level overview of potential controls,
• Principle 4: Fraud investigation protocol: high-level overview of how to properly react to fraud, investigation considerations, taking corrective action and fidelity insurance matters, and 
• Principle 5: Fraud risk management monitoring: ongoing evaluation and timely communication, with an introduction to data analytics.