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Rita Crundwell: Largest Municipal Theft in U.S. History Webinar

CPE

When
Sept. 26
9:00 a.m. - 1:00 p.m.

CPE Credits
4-A&A

Details

 Pricing

PICPA Member: $139 | Nonmember: $189


 More Information

Course No.
GZKXRCL4
Level
Basic
Prerequisites
None
Note
This webinar is hosted by PICPA's partner, CPA Crossings, LLC. After registering, you will receive an email from messenger@webex.com with the log-in information.

Description

Incredible story of how a high school graduate stole $53 MILLION from a town of 16,000 people with a $10 million budget. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Learning Objectives:
What you will learn:
  • How to comply with independence requirements
  • How to maintain professional skepticism
  • How to comply with the requirement to be competent
  • How to identify conflicts of interest
  • Simple controls that would have deterred the theft
  • The damage of a malpractice lawsuit

Highlights

  • A fraud so outrageous, it’s a movie
  • Were the auditors independent?
  • How Crundwell evaded detection for 20 years
  • Impact on CPAs’ license 
  • How did the auditors assess risk? 
  • What audit procedures were performed, or not 
  • Fake documents Crundwell created 
  • Did the auditors detect the fraud?
  • Actual court filings for the malpractice lawsuit
  • What were the malpractice allegations?
  • How much the fraud cost the auditors
  • What happened to Crundwell’s family


Speaker(s)


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