Walking the Fraud Tightrope with Audit Clients:

How Accounting Firms Should React to the

Recording of a 100-minute CPE webinar with Q&A


Conducted on Tuesday, April 24, 2007

Program Materials

Description

Auditing firms have labored under FASB's Statement on Auditing Standards No. 99, better known as SAS 99, for several years without full confidence about what is expected of them in unearthing fraud.

Are the procedures in SAS 99 for detecting and documenting fraud and bringing it to the attention of clients requirements or procedures? Does SAS 99 represent the maximum or minimum effort that auditors should give as fraud detectives?

Recognizing the confusion, FASB recently issued a special report attempting to clarify what's expected of auditors under SAS 99. Now, accounting firms must familiarize themselves with that new guidance and make sure it's implemented throughout their audit operations.

Listen as our authoritative panel of accounting profession veterans brings you completely current on the latest standards for fraud detection in audits.

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Benefits

With the panel's insights, you'll leave the teleconference confidently briefed and ready to act on:

  • The most current FASB interpretation of SAS 99.
  • How to conduct more efficient audits, simplify fraud-risk documentation and approach client management with your concerns.
  • Whether it's prudent to go beyond SAS 99 in your fraud oversight, and if so how far.

Faculty

Brad Preber
Brad Preber
Managing Partner, Western Region Economic Advisory Services Group
Grant Thornton

He has more than 23 years of experience in public accounting and consulting and is the firm’s SAS 99 expert.

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Bill Warren
Bill Warren
Director
PricewaterhouseCoopers

He is attached to the firm’s fraud risk and controls practice and is one of the firm’s SAS 99 authorities....  |  Read More

Curtis Reinhart
Curtis Reinhart
Audit Partner
Ernst & Young

He has 17 years of experience working with public and private clients particularly in the media and entertainment...  |  Read More