Savvy accountants pay attention to fraud trends so they can implement preventive and/or detective controls. This course examines novel frauds to explore potential mitigation measures. Participants will see how selected frauds were accomplished so they can consider internal controls that could have foiled the fraudsters' nefarious efforts. We examine broad ethical considerations and specific provisions of the AICPA Code of Professional Conduct. Along the way, we consider dramatic details of several fraud cases to illustrate practical applications that accountants can apply in their professional endeavors. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation, you will be able to...
- Identify taxation nuances that are important but difficult for non-tax professionals to understand.
- Apply techniques for educating clients regarding taxation.
- Distinguish methods for simplifying and communicating complicated tax concepts.
Major Topics
The major topics that will be covered in this course include:
- Benefits and pitfalls of artificial intelligence in the accounting profession
- Selecting and utilizing artificial intelligence resources
- Applying professional skepticism to results
- Maintaining independence while utilizing artificial intelligence
- Upholding client confidentiality
- Data security and retention
- Citation of sources and related reporting considerations
- Application of the AICPA Code of Professional Conduct
- Ethical considerations when crafting policies and establishing best practices
