All of us are affected by fraud, whether we are victims personally, if the businesses we work for are defrauded, and even as a result of the effects on the economy when it happens to others. The accounting profession is inextricably connected to fraud as almost every significant change to the profession has resulted from some significant fraud scheme. In our profession, we have to deal with fraud from three different points of view: First, whether in public practice or private industry, we are responsible for the operations of a business. We hire employees; deal with suppliers, landlords, and customers; and rely on the performance of products and services we acquire. In addition, we are almost always associated with financial information in one form or another that will be relied on by other parties. The integrity of the source of that information is a big factor in its reliability and we do not wish to be associated with financial information that is fraudulently misstated. Finally, as individuals, we too may be the victims of fraud.
This presentation will focus on Fraud Prevention
- Understanding internal controls as they relate to fraud
- Approaches to understanding an entity’s controls for audit purposes or for the purpose of developing internal controls
This course is designed for all members of the accounting profession, whether in the capacity of an independent accountant, part of an entity’s internal accounting department, or an internal auditor. It will provide attendees with tools useful for both the prevention and detection of fraud.
This topic will be presented by Mark E. Dauberman, CPA, EMBA. Mark Dauberman taught his first university accounting class in 1969 and has been involved in accounting education since having taught at CSUN, CSULA, UCLA, and Loyola Marymount University. He is currently a member of the faculty at the University of Redlands. Mark obtained his bachelors degree in accounting from California State University at Northridge (CSUN) in June of 1970. In 2010, he completed the Executive MBA program at the Peter Drucker and Masatoshi Ito School of Management at Claremont Graduate University, where he had been a student of Dr Drucker in 1971. Mark’s public accounting experience includes working with various local firms throughout high school and college, and employment with Kenneth Leventhal & Company. More recently he was a partner at NSBN, a Beverly Hills CPA and business consulting firm. Mark’s industry experience includes serving as assistant controller of a large trucking and warehousing firm. He has been both a controller and the Vice President of Finance and Administration for major real estate development companies. Mark also spent nearly 30 years as an entrepreneur, operating a business that prepared individuals for the CPA exam. Mark currently provides CPE and technical staff training for CPA firms, private industry employers of accountants, and government organizations on topics that include applying the risk assessment standards, fraud, internal and external auditing, developing internal controls, strategic planning, and practice management. In addition to numerous CPE courses and articles, Mark authors the CCH publication Knowledge-Based Compilations & Reviews. He also provides consulting services to CPA firms, providing assistance on matters involving strategic planning; partner compensation issues; client management; and the planning, performance, and review of financial statement services.