Introduction to Forensic Accounting Webcast [ITFA]
Time: 09:00am-1:00pm
Subject:
AccountingCredit Hours:
4.00Price:
Member: $150.00
Non-member: $215.00
Discussion Leader:
Robert Wells, CPA
more info
Robert “Wayne” Wells has over 40 years of experience in public accounting and annually instructs numerous continuing education seminars and in-firm training classes for continuing education providers in the areas of accounting, auditing, fraud, and taxation. Wells began his career in public accounting in 1970 with the national firm of what was then Touché, Ross & Co. in Nashville, Tennessee. In 1974, he joined a local firm in Nashville and provides accounting, auditing, fraud investigations, and tax services to small- and medium-sized businesses as well as extensive tax services to individuals. Wells graduated from Austin Peay State University in Clarksville, Tennessee in 1970 with a Bachelor of Science degree in Accounting and Economics. He holds a Certified Public Accountant certificate in Tennessee, and is also a Certified Fraud Examiner. He is a member of the Tennessee Society of Certified Public Accountants, the Tennessee Association of Accountants, and the Association of Certified Fraud Examiners.
closeWebsite registration for this course closes on October 31, 2023. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.
Full Description
Introduction to Forensic Accounting Webcast (ITFA)November 1st, 2023 / 9:00 am 1:00 pm Alaska Time
Live Webcast / Washington Society of CPAs Virtual Classroom
Forensic accounting encompasses fraud investigation and prevention, as well as a wide variety of functions in litigation. Forensic accountants provide services ranging from serving as an expert witness, to litigation consultant and bankruptcy trustee. As our economy grows more complex, the need for forensic accountants grows as well. One critical role of the forensic accountant is exposing and examining financial fraud. Technology expands the way companies conduct business; however, technology also provides greater opportunities for those willing to commit fraud. Forensic accountants rely on their skills in accounting, coupled with their investigative skills, to explain to clients, courts, and jurors how fraudulent schemes occur and the effect caused by fraud. Forensic accountants also provide expert opinions in calculating damages in litigation and administering bankruptcy estates, as well as a host of other services.
Major Topics:
- Review of the different aspects of forensic accounting
- The civil litigation process as it relates to forensic accounting
- Litigation services provided by forensic accountants
- Fraud detection and prevention
- Various types of fraud
- Training and certifications in forensic accounting
- Forensic accounting in bankruptcy proceedings
- Forensic accounting in family law proceedings
- Calculating damages for use in litigation
- Valuations
- Ethical issues pertinent to forensic accounting
Learning Objectives:
- Understand the various roles and requirements of forensic accountants
- Recognize the skills that forensic accountants use in fraud investigation, in bankruptcy proceedings, and in litigation support roles
- Understand the formal training and certifications available in forensic accounting
Designed For: Accountants seeking to understand the many roles and services offered through forensic accounting and accountants seeking to augment their practices and increase billables
CPE Credits: 4, Accounting & Auditing
Level of Knowledge: Basic
Prerequisite: Experience with individual and business clients
Acronym: ITFA
Discussion Leader: Robert Wells, CPA
