Webcast: Common Frauds and Internal Controls for Revenue Purchasing and

Transactions that occur within an entity's revenue cycle (revenue and cash receipts) and purchase cycle (purchases and cash disbursments) are common areas for misstatements, both unitentional and fraudulent. Business owners and managers instinctively know that controls are important, but they sometimes have a very limited understanding of which controls are effective. CPAs are in a unique position to fill in this knowledge gap and help establish a cost-effective system of controls to minimize fraud and other misstatements. Learn to identify the common types of misstatements and misappropriation of asset frauds in the areas of revenue, purchasing, cash receipts and cash disbursement.