nav-left cat-right

AUD106 – The Fraud Audit

Course and Test $ 155.00
Additional Hard Copy Test $   36.00
Additional Online Test $   36.00



CPE Credit Hours: 12

Field of Study: Audit

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.

The Fraud Audit explores:

  • The fraud paradigm
  • Fraud audit standards
  • Fraud risk structure
  • Brainstorming—why it works impressively in fraud risk detection
  • Building your fraud audit program
  • The art and science of data mining for fraud
  • Document analysis—the red flags to watch out for
  •  Conveying the impact of potential fraud to management
  • Anticipate fraud before it shows up

Straight forward with easy-to-implement guidance, The Fraud Audit provides the sound business advice you need for a problem that’s here to stay.

More Information

This is a self-study CPE course.
Program level: Basic
Prerequisites: None
Advanced Preparation: None Required
Minimum Final Examination Passing Grade: 70%
Maximum Time Allowed To Complete Program: One Year From Date Of Purchase