Description
This CPE course provides practical scenario exercises which help describe the nuances in accepting and planning a forensic accounting engagement which presents different risks than a typical consulting or audit engagement.
- CPE course describes the nuances in accepting and planning a forensic accounting engagement which presents different risks than a typical consulting or audit engagement.
- This CPE course includes two courses (part 1 and 2).
- Each course identifies and analyzes factors relating to forensic engagement acceptance, planning for staffing and gathering information to execute a successful engagement.
Course Details:
This course features application exercises that cover topics such as accepting a forensic case, conflict of interest and staffing.
Key Topics
- Preliminary engagement procedures
- Forensic engagement acceptance
- Conflicts of interest
- Engagement letter
- Engagement scope
- Staffing and supervision
- Budget planning
- Gathering, organizing, and analyzing information
Learning Outcomes
This course will prepare you to do the following:
Module 1:
- Recall and apply the appropriate preliminary procedures and considerations related to engagement acceptance
- Assess factors related to case acceptance
- Identify and analyze potential conflicts of interest
- Identify and apply the steps to formalize the client engagement letter or agreement, including verification of the client’s understanding of scope
Module 2:
- Apply considerations for selecting the appropriate staff for an engagement based on engagement characteristics
- Identify key points related to appropriate supervision and assess whether adequate supervision exists based on situational examples.
- Determine the steps in effective engagement planning to control budgets.
- Identify what types of information may be more responsive than others and how to prioritize those sources.