Now available: purchase a #MarylandCPAProud face mask and support the MACPA Educational Foundation! BUY NOW

Revenue and Cash Receipts: Common Frauds and Internal Controls (2020)

Description

Revenue and cash receipts are two critical areas that require strong controls to prevent intentional fraud or unintentional misstatements. While there is well-publicized fraud in these areas in larger companies, it also occurs, and can even be more likely to occur, in smaller businesses and not-for-profit entities. A sound system of internal control is needed to help prevent fraudulent activities and reporting related to the revenue and cash receipts cycle. It is crucial that an internal control system is tailored to the unique needs of each organization with a dedicated focus on areas posing the greatest risk; this course is designed to help you to do this.

Learning Objectives

When you complete this course you will be able to: • Identify common frauds in the revenue and cash receipts processes. • Identify internal controls that mitigate various risks. • Recall an analysis process to improve efficient and effective risk management in your organization.

Major Topics

• Traditional revenue system

• Retail revenue cycle

• Manufacturing revenue cycle

• Service revenue cycle

• Accounts receivable and billing

• Cash receipts

• Revenue frauds and fraudulent financial reporting

Provider
AICPA
Course Level
Basic
Professional Area of Focus
Accounting & Auditing
CPE Field of Study
Auditing
4
Who Should Attend

Auditors, practitioners, and all levels of CPA professionals.

Instructor(s)
Glenn Helms
Prerequisites

None

Advanced Preparation

None

Location
Online
Event Information
When
Dec 30, 2020
9:00 am - 1:00 pm EDT
Location
Online
Total CPE Credits
4
Format
Webcast Replay

MEMBER


$ (% off)
$179.00

NON-MEMBER


$ (% off)
$219.00
Become A Member

Register for this Event

Revenue and Cash Receipts: Common Frauds and Internal Controls (2020)


Loading
Your browser is out-of-date!

Update your browser to view this website correctly.

Update my browser now

×