The fraud and ethics curriculum is designed to present competencies in an order that is recommended for those new to the area as well as those at all organizational levels that would like an update in the area of fraud and ethics. Each of the four competencies listed are mapped to specific courses that should be taken in the order presented to help the participant become knowledgeable in each competency area.
| 1. Understand and apply key ethics and independence rules. | |||
| Title | Level | CPE Credits | |
|---|---|---|---|
| Auditing Issues: Independence and Ethics-The AICPA's 2005/06 Alert | Basic | 2.0 | |
| Auditing: Selected Developments (Second Edition) | Update | 3.0 | |
| Independence Rules that Affect Compilation and Review Engagements | Overview | 4.0 | |
| 2. Know auditors' and management's responsibilities in detecting fraud. | |||
| Title | Level | CPE Credits | |
| Fraud Detection: Understanding and Applying SAS 99 | Overview | 4.0 | |
| Fraud in the Financial Statement Audit | Intermediate | 3.0 | |
| Fraudulent Financial Reporting (Second Edition) | Intermediate | 3.0 | |
| 3. Learn ways of detecting and preventing fraud. | |||
| Title | Level | CPE Credits | |
| Employee Fraud: The Misappropriation of Assets (Second Edition) | Intermediate | 3.0 | |
| Indirect Methods of Reconstructing Income | Intermediate | 3.0 | |
| 4. Be familiar with the workings and effects of cybercrime and money laundering. | |||
| Title | Level | CPE Credits | |
| Cybercrime Loss Valuations | Intermediate | 3.0 | |
| Money Laundering and Transnational Financial Flows (Second Edition) | Overview | 3.0 | |
Course Levels:
Basic: Describes the level most beneficial to CPAs new to a skill or attribute. Covers fundamental principles and skills. This level is usually for participants with limited or no exposure to the subject.
Intermediate: Builds on a basic level program in order to relate fundamental principles or skills to practical situations and extend them to a broader range of applications. This level is for participants with some exposure to the subjects. Such persons are often at the mid-level within the organization, with operational and/or supervisory responsibilities.
Advanced: Focuses on the development of in-depth knowledge, a variety of skills or a broader range of applications. This level is for participants with significant exposure to the subjects. Advanced level programs are often appropriate for high-ranking persons within organizations; however, they may also be beneficial for lower level professionals with specialized knowledge in a subject area.
Update: Provides a general review of new developments. This level is for participants with a background in the subject area that desire to be kept current.
Overview: Develops a broad perspective in a subject area. These programs may be appropriate for professionals at all organizational levels.
