Evaluating and Testing Anti-Fraud Controls
Intermediate
Online
Description
Failure to re-evaluate and assess anti-fraud controls could have damaging effects on your organization. In this course, you will discover how to evaluate and test your anti-fraud controls on an ongoing basis.
This course reviews the types of controls, the control environment and the limitations inherent to controls. It also discusses the use of risk-based concepts and processes to evaluate controls. Finally, the course explores common fraud schemes and the preventive controls used to mitigate them.
Key Takeaways:
- Types of controls
- Processes and models for evaluating controls
- Suggestions for how often you should evaluate anti-fraud controls
- Limitations inherent to controls
- Ways to access controls
Prerequisites
Fundamental knowledge of audit procedures
You Will Learn How To:
Determine how evaluating and testing anti-fraud controls contribute to an effective control environment
Recall various components of anti-fraud controls
Recognize techniques used to evaluate and test anti-fraud controls
Identify and communicate internal control deficiencies
Table of Contents
| Lesson 1 | Why Evaluate Anti-Fraud Controls? |
|---|---|
| Lesson 2 | The Control Environment |
| Lesson 3 | Assessing Risks and Evaluating Controls |
| Lesson 4 | Evaluating Controls Using the Comprehensive Assessment Method |
| Lesson 5 | Conducting Control Self-Assessments |
| Lesson 6 | Implementing a Control Self-Assessment Program |
| Lesson 7 | Planning for Testing |
| Lesson 8 | Testing Anti-Fraud Controls |
| Lesson 9 | Identifying and Addressing Control Deficiencies |
| Lesson 10 | Communicating Results of the Evaluation |
| Lesson 11 | Obtaining Continuous Assurance |
CPE Information
| CPE Credit: | 3 |
|---|---|
| NASBA Information: | Auditing |
| Advanced Preparation: | None |
| Last Updated: | March 2023 |
| Delivery Method: | QAS Self-Study |
Policies
CPE Credit
Please note: To be eligible for CPE credit, you must complete the final exam within one year of purchase date. You may only claim CPE credit for a course once.
ACFE Online Self-Study Courses
Features:
- 24/7 access to courses through your Internet browser
- Save time and quickly earn CPE credits with instant access, grading and printable certificate
- The flexibility to start or stop a course and pick-up right where you left off
- No additional shipping fees
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System Requirements:
- Internet access: High-speed connection recommended
- Speakers required for video sound
The Association of Certified Fraud Examiners, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.
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