As year-end rolls around, with all the attendant pressures of achieving a successful and timely close, dealing with earnings expectations, properly implementing new rules and standards issued by the FASB, IASB, SEC and PCAOB as applicable, and meeting CPE requirements, we thought it’s worth reminding our readers of the excellent article which appeared in the November issue of Financial Executive
magazine: Financial Reporting Fraud: Prevention Starts At The Top.
The article was authored by Mari Reidy and Jonathan Theobold of Crowe Horwath LLP. IMPORTANT NOTE RE: CPE
: 1 CPE is available to those who read the article and answer the specified questions by clicking on the link to FEI’s CPE Center
which appears at the end of the article. BEFORE TAKING THE CPE QUIZ, set up your free login account in the FEI CPE Center; that is the only way a certificate can be generated for your CPE. Please note also the 'renewal date' you should fill in, in the CPE center, should be your most recent renewal date prior
to taking the quiz.
On the anti-fraud front, an additional educational tool is the FEI Fraud Literacy Quiz
. The Fraud Literacy Quiz is designed to raise awareness and encourage further exploration, training , development and skill building in the area of the deterrence and detection of financial reporting fraud. Please keep in mind there is no CPE
offered for taking the FEI Fraud Literacy Quiz, which is entirely separate from the magazine article and CPE-specific quiz in our CPE Center, noted above.