SOX 20 YEARS LATER – EVALUATING FRAUD

Field: Auditing | Delivery Method: Self Study | CPE Hours: 2.0

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When the SOX legislation passed, legislators and investors were concerned about the many instances of corporate fraud that had occurred. This concern manifested in several separate sections of the legislation including:

  • Title V: Analyst Conflicts of Interest
  • Title VIII: Corporate and Criminal Fraud Accountability
  • Title IX: White Collar Crime Penalty Enhancement
  • Title XI: Corporate Fraud Accountability

Many things have changed in 20 years since the introduction of Sarbanes-Oxley. Fraud is still a concern and in today’s world there are more and more ways that fraud can be conducted. Companies must remain vigilant in their efforts to vet out fraud and ensure their organizations have proper processes in place to protect their information and their shareholders.

This session will provide a look at the concept of fraud – 20 years after the Sarbanes-Oxley legislation was passed.

LESSON OBJECTIVES
  • Revisit the various fraud sections.
  • Review the concept of fraud evaluations.
  • Examine current survey statistics on SOX efforts.
  • Understand the efforts of the Anti-Fraud Collaboration effort started in 2010.
  • Evaluate concepts identified in the AFC survey to enhance your fraud efforts.


Field: Auditing
CPE: 2.0
Delivery Method: Self-Study
Format: Video




Your Instructor


Lynn Fountain
Lynn Fountain

Consultant, CPA, CGMA, CRMA, MBA, Past Chief Audit Executive

Business Consultant, Trainer, Author


Ms. Fountain has over 40 years of experience spanning public accounting, industry accounting and consulting. Sixteen years of that experience has been in the field of internal audit, risk managment and process improvement. She is well adept to assist your organization evaluate business strategy, perform risk assessments, establish a Sarbanes-Oxley process, synergizing internal audit processes or perform process improvement projects.


As a past corporate executive Lynn has a passion for working with professionals to enhance their processes and provide leading edge education. She has authored and delivered hundreds of training courses for accounting, finance and audit professionals. Her training is filled with not just theory but real world application.


Ms. Fountain has authored three technical publications:

-Leading the Internal Audit Function 

-Raise the Red Flag

-Ethics and the Internal Auditor's political dilemma


Lynn is a recognized leader in the internal audit profession as well as a recognized business professional.  


Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has active, current CPA, CGMA, and CRMA credentials.


https://www.lynnfountain.net/


Course Curriculum


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