The Accountants Exposure To Litigation In Failure To Detect Fraud

Date: Thursday, June 27, 2019
Time: 02:00 PM ET / 01:00 PM CT / 12:00 PM MT / 11:00 AM PT [Prevailing Time]
Presenter(s): Stephen Vono, Senior VP, McGowanPRO Professional Liability Insurance and Risk Management Services
Objective: Failure to detect fraud claims continue to happen against accounting firms and claims go beyond the scope of audit services. This session will discuss in an overview fashion what fraud is and steps you can take to hopefully mitigate this exposure. We will look at claim scenarios and discuss what could have been done to head off such claims.
Field of Study: Business Management & Organization
Program Level: Basic
CPE Credit: 1 Credit Hour

No advanced preparation or prerequisites are required for this course.
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Course Description
Failure to detect fraud claims continue to happen against accounting firms and claims go beyond the scope of audit services. This session will discuss in an overview fashion what fraud is and steps you can take to hopefully mitigate this exposure. We will look at claim scenarios and discuss what could have been done to head off such claims.

Presenter Bio(s)
Stephen Vono is a founding partner of McGowanPRO and specializes in Accountants Professional Liability Insurance. Stephen is active in several leading accounting associations and presents regular at annual conferences for the CPA Firm Management Association, MGI World, Enterprise Worldwide, and the Leading Edge Alliance. He currently serves as Vice President of the CPAFMA Northeast Chapter, and is the recipient of their Distinguished Service Presidential Citation for outstanding support and contributions to members of CPAFMA (June 2010). He has written and published several articles on practice management for accounting firms. Stephen and his wife, Mary, have one daughter. Stephen is a music aficionado, ask him about his vinyl collection.

Cost
$25.00 for CPAFMA Members / $40.00 for Non-Members / Free for PAFMs

Delivery System

  • All programs will be delivered using Zoom. Participants must call the toll-free conference phone number to access the audio portion of the presentation. Participants’ phone lines are automatically muted upon connection to the call.
  • All participants should have Internet access and be in a private setting. For more than one participant per participant location, a quiet conference room with a large monitor/screen and speaker phone is suggested.
  • There will be assistance available to assist with procedural, downloading or connection issues 5 minutes prior to the start of the presentation.