Course Description
This course offers essential guidance for creation of an effective fraud audit program in core business systems.
U.S. businesses lose up to $4 billion annually due to fraud and abuse. Discover fraud within your business before yours becomes another business fraud statistic. This Fraud Audit course provides a proven fraud methodology that allows auditors to discover fraud versus investigating it.
- Explains how to create a fraud audit program
- Shows auditors how to locate fraud through the use of data mining
- Focuses on a proven methodology that has actually detected fraudulent transactions.
This course offers the guidance, strategy, and tools you need to respond to the very real, ongoing risk of fraud. It presents a proactive, preventive response to fraud rather than a reactive approach after damage has been done.
It reveals how to keep fraud at bay through the Awareness Theory Methodology (ATM)—a vigorous fraud audit framework that will help you and your staff understand the how, why, and where of fraud. This course helps you identify fraudulent transactions that warrant an investigation.
The course has an emphasis on fraud occurring within your business's core systems—including procurement, disbursement, payroll, financial statement reporting, inventories, program management, and journal entries.
Course MaterialsUpon ordering, you will receive the text material via USPS Priority Mail, generally within 3-4 days; overnight delivery is available for an additional charge. This complete CPE course includes:
- Textbook - written by experts in their field and will make a great addition to your personal reference library!
- Interactive Study Guide
- Test Booklet and Answer Sheet
- Log-on instructions for the taking the Certification Exam online.
Exam FormatThe test includes 5 True/False or multiple choice questions for each CPE credit offered (for example, a CPE test worth 20 credits would include 100 questions). A score of 70% or better is required to pass this course; there is no limit to the number of times you may take the exam in order to pass.
After you have completed reviewing the text material, you may take your exam in one of two convenient formats:
- Test Booklet/Answer Sheet - read the textbook, record the answers to the test questions on the answer sheet and then return the answer sheet to us. You may either fax it or simply mail it in.
- Online Testing – log in and take your exam in an untimed, online format (the online questions are the same as those in your testing booklet) - your exam will be graded instantly! Most students fill out the answer sheet as they read through the book, and then transfer their answer sheet online.
CPE CertificationWhen you successfully complete the course, you will receive a Certificate of Completion indicating the course title and how many credit hours you earned.
- Students who take the examination online can print out the Certificate instantly.
- Students who mail/fax in their answer sheet will have their Certificate returned to them (if successful on the exam) by mail, fax or email. Certificates are usually sent within 24 hours from the time we receive your test.
Course SummaryProgram Type: This is an interactive, self-study CPE course.
Program level: Basic
Prerequisites: None
Advanced Preparation: None required
Minimum final examination passing grade: 70%
Maximum time allowed to complete the program: One year from date of purchase