Spotting Trouble: How Auditors Address Illegal Acts (Course Id 2887)

The Spotting Trouble How Auditors Address Illegal Acts course defines illegal acts and their relationship to financial statements, distinguishing them from changes in accounting principles, estimates, and error corrections.

This course references PCAOB AS 2405 and Auditing Interpretation AI 13 as key guidance for responding to possible or detected illegal acts.

This course covers selecting proper methods for communicating findings to management and the audit committee once an illegal act is identified.

This course is a Technical, self study text course worth 2.0 CPE credits in Auditing, requiring a 10 question final exam preceded by 6 review questions (optional), with a 70% passing score within one year. CPEthink is approved by NASBA as a CPE sponsor and lists this course on the NASBA site as a courtesy for CPAs to search https://nasba.org.

Yes, Spotting Trouble: How Auditors Address Illegal Acts provides two hours of CPE credit in fraud prevention, detection, or reporting, which counts toward the four hour fraud CPE requirement imposed by the California Board of Accountancy (http://www.dca.ca.gov/cba) on CPAs subject to the accounting and auditing, governmental auditing, or preparation engagement CE requirement.