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

Course Details

Date

Friday, July 3, 2020

3:00am – 7:00am

Field of Study

Auditing (Governmental)

Course Number

CC2370

CPE Credit

4.0 hours CPE credit

Level of Knowledge

Basic

Vendor

CPA Crossings

Prerequisites

None

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.

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

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

Designed For

City managers, mayors, fiscal officers, CPAs, bankers, executives, internal auditors, regulators, controllers, purchasing,, attorneys, compliance officers, risk managers

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$139.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$199.00
Your Price $199.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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