Webinar: Hidden in Plain Sight: How Fraud Happens in QuickBooks
This webinar will take place at 10:00 am EST and is offered at no charge. CPE credit will be offered.
In this Part One of the 2-Part Series, we will explore how QuickBooks can be manipulated to conceal fraud. Using real-world examples, attendees will learn how fraud schemes are carried out using the software’s standard functions. This session is designed for accounting professionals, business owners and internal staff responsible for managing finances in QuickBooks.
In this session, you will learn:
- Common fraud schemes facilitated through QuickBooks
- How employees exploit system features (and weaknesses)
- Warning signs and red flags of fraudulent activity
- Key reports that can reveal potential fraud
Key Takeaways:
- The most frequent types of fraud in QuickBooks
- How fraudsters use normal workflows to cover their tracks
- Where to look in QuickBooks to uncover suspicious activity
- Why lack of internal controls is the gateway to fraud
1.0 Accounting CPE Credit Provided
Securing the System: Fraud Prevention and Controls in QuickBooks
FEATURED PRESENTERS
Sean T. Daughton, CPA, CFE, is an audit partner with over 29 years of experience providing audit and consulting services to a variety of clients, including automotive dealerships, manufacturing, non-profit organizations and retail corporations. A Certified Fraud Examiner, Sean specializes in fraud prevention, forensic accounting and internal controls. He provides strategic consulting on detecting financial irregularities, strengthening oversight, and improving accounting systems and departmental profitability to drive long-term operational success.
Christine N. Petrone, CPB, is an accounting and advisory services director with over 12 years of experience delivering customized solutions to a diverse client base. A certified QuickBooks ProAdvisor, she specializes in GAAP-compliant financial reporting, budgeting and internal controls. Her expertise includes receivables/payables, reconciliations, asset management and developing financial policies and procedures to support accurate reporting and strong fiscal operations.
CPE CREDIT
Dannible & McKee, LLP 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.
This is an intermediate-level, live presentation, and the learning objectives are shown in the conference agenda. The prerequisite is basic business knowledge, and no advanced preparation is required.