TITLE Auditing: Ex-con Shares 14 Fraudulent Financial Reporting Techniques
SUBTITLE Mark Morze, CFO of ZZZZ Best Carpet Cleaning, will show you the 14 techniques he used to fool his auditors, and would talk you into violating the new Risk Assessment Standards
AUDIENCE 85% Practitioners
OBJECTIVE Learn how Morze structured explanations, phone calls, bank and receivable confirmations, inventory counts and documents to commit financial reporting fraud.
LEARN Morze will show you some of the 10,000 phony documents he created for audit support, the $7.2 million ‘sting’ construction job, and non-existent carpet to circumvent the requirements of these Auditing Standards……
SAS # SAS Title
1 Training and Proficiency, Independence, Due Professional Care, Inventories, Adherence to GAAP, Subsequent Events
22 Planning and Supervision
31 Evidential Matter
37 Filings Under Federal Securities Statutes
39 Audit Sampling
45 Substantive Tests Prior to Balance Sheet Date
45 Related Parties
47 Audit Risk and Materiality
54 Illegal Acts by Clients
56 Analytical Procedures
57 Auditing Accounting Estimates
67 The Confirmation Process
84 Communications Between Predecessor and Successor Auditors
99 Consideration of Fraud in a Financial Statement Audit
ETHICS 1 hour
SPECIAL Get 50+ common-sense questions that would have uncovered the fraud. But no one asked.
HOURS 8 (can be customized from 1 to 8 hours)
FOR Auditors, firm counsel, defense and plaintiff attorneys and regulators
AREA A&A and Yellowbook
PREREQ 10 Year Auditor
CUSTOM Mix and match topics to customize presentations for in-house and conferences