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Hold Your Horses! How Landmark Fraud May Have Been Avoided

CPE SelectAvailable with CPE Select

Online

# of CPE Credits

2

Description

What can we learn from one of the largest municipal frauds in U.S. history? Rita Crundwell stole nearly $54 million from the citizens of Dixon, Illinois over the course of two decades. This course examines circumstances that allowed this landmark fraud to occur. We will explore internal control deficiencies and other circumstances that hindered prevention or timely detection of Rita’s scheme.

Required Knowledge: None

Advanced Preparation: None

Who Should Attend: CPAs in public practice, members in industry, and other professionals who want to enhance their fraud awareness and detection skills.

Objective

After attending this presentation, you will be able to...

  • Recall factors that allowed the Dixon fraud to occur
  • Identify internal controls that could have prevented the fraud
  • Recognize lessons that CPA firms should learn from this case
  • Analyze the intricacies of independence
  • Distinguish best practices for government agencies and other organizations that utilize employees

Credit Types

  • Auditing: 2

Event Level:Basic
Event Code:ODX09525
Event Vendor:CPA Crossings, LLC
Fields of Study:Auditing
Other fields:
  • NCACPA On Demand 365

Registration Fees

RegistrationTypePrice
On Demand (2 hours)Members$100.00
On Demand (2 hours)Non Members$225.00


CPE Sponsors LogoThe North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.

For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.