Introduction to Forensic Accounting and Auditing

This course provides a detailed understanding of the forensic accountant's role, distinguishing them from typical financial or management accountants, and enhancing their comprehension of fraud's impact on companies.
Id: 7252
Recorded
Session
$159.00
Single Attendee
$359.00
Group Attendees

Overview:

This course provides a high-level overview and introduction into the world of the forensic accountant. Most accountants have an understanding of the concept of fraud and how it impacts companies, but many individuals do not have a full comprehension of the variance in the work performed by a forensic accountant versus a typical management accountant.  

This course is meant for those individuals interested in understanding the variances in the job tasks and responsibilities of forensic accountants versus typical financial or management accountants. 

Why should you Attend:

Forensic accountants or auditors take a unique focus on performing their work. Typically, when a person with forensic experience is called in to examine financial records, it is due to suspicion of fraud, evaluation of assets, or even to track down fundamentally incorrect accounting - intentional or not.

As fraud continues to raise its head in business processes, forensic accountants are discovering new and unique ways to identify, examine, and support their hypotheses and investigative techniques. The work performed by a forensic specialist can be interesting and full of potential potholes if evidence isn’t examined according to proper protocols and standards.

In this course, we examine the many processes and roles of the forensic accountant.  We discuss rules of evidence and the accountant’s potential need to testify in a court of law. Learners will come away with an understanding of the world of forensic accounting and the many ways in which it may differ from the typical accountant’s role.

Areas Covered in the Session:

  • Explore the world of forensic accounting
  • Discover distinguishing concepts in forensic accounting
  • Explore the role of forensic accountants
  • Recognize the differences between litigation and investigative support
  • Identify the types of engagements completed by forensic accountants
  • Explore the process utilized by forensic accountants

Who Will Benefit:

  • All Professionals who are Interested in the Topic of Fraud and Forensic Accounting and Auditing

Speaker Profile

Lynn Fountain has over 45 years of experience spanning public accounting, corporate accounting and consulting. 20 years of her experience has been working in the areas of internal and external auditing and risk management. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Lynn has held two Chief Audit Executive (CAE) positions for international companies. In one of her roles as CAE, she assisted in the investigation of a multi-million-dollar fraud scheme perpetrated by a vendor that spanned 7 years and implicated 20 employees. The fraud was formally investigation by the FBI and resulted in 5 indictments estimating a $13M fraud loss.

Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CPA, CGMA, CRMA credentials.