Income tax changes and
evolves over time. “Keeping up” is necessarily a continuous process.
Unfortunately, many people don’t have the time or resources and
consequently fall behind. They wonder how they can “catch up” on a few
recent years of changes at one time. This seminar provides an
opportunity for those who haven’t regularly taken tax update seminars to
get “caught-up” on notable federal income tax developments over the
past five years and discover what they may have missed.
Who Should Attend
Anyone, whether in public
practice, industry, or the public sector, who feels that they have not
paid enough attention to recent income tax developments.
MARK OSTRY, CPA, CGA, has worked in public practice since 1983. Early in
2002 Mark established a sole proprietorship in Westbank. He has
experience in all levels of public practice, largely serving
small-to-medium-sized enterprises. Mark has presented a variety of
professional development courses over the years, including practice
management, ethics and taxation.
Fraud Risk Management
fraud risk management requires an integrated approach. Too often,
businesses implement some helpful practices, but overlook other
principles that ensure the full spectrum of their unique risks is
addressed. This holistic approach brings together key principles and
practices using the 2016 updated COSO fraud risk management framework.
Case discussions, sample codes of conduct, fraud policies, fraud risk
checklists, numerous examples and other practical materials will to help
participants build a corporate culture and framework that prevents and
detects fraudulent activity. This seminar provides “real life” examples
of fraud and examples based on instructor and participant experiences.
It explains why we need to manage fraud. It then provides an integrated
approach, describing the five key COSO principles of fraud risk
management outlined below.
in industry who require knowledge of potential fraud indicators in
their transaction streams, and how to develop an integrated approach for
effective fraud risk management, and public practitioners who want to
better identify indicators of potential fraud which can assist in the
conduct of an effective audit.
why we need to manage fraud risks
COSO framework for Fraud Risk Management
Principle 1: Governance -
creating an ethical environment: discussion about codes of conduct,
fraud policies, hotlines, ethics training, employee declarations, and
Principle 2: Comprehensive fraud risk assessment: fraud indicators and red flags, and a series of fraud risk assessment cases
Principle 3: Preventive and detective fraud control activities: a high-level overview of potential controls
Principle 4: Fraud
investigation protocol: high-level overview of how to properly react to
fraud, investigation considerations, taking corrective action and
fidelity insurance matters
Principle 5: Fraud risk
management monitoring: ongoing evaluation and timely communication, with
an introduction to data analytics
This seminar contains 1 hour of ethics content.
ROSANNE WALTERS, CPA, CA, CBV, CFE, CFF is a partner with BDO Canada
LLP. She has over 25 years experience in financial advisory services
including fraud investigation, litigation support, family law matters,
business valuations, insurance claims, due diligence reviews and special
purpose auditing. She has qualified as an expert witness and given
testimony in the Supreme Court of British Columbia.
Cancellations must be received in writing (email firstname.lastname@example.org).
Cancellations received at least 10 calendar days prior to the start date
will be eligible for a full refund. Cancellations received less than 10
calendar days but more than 2 business days prior to the event start
date are subject to an administration fee of $50. Cancellation requests
received less than 2 full business days prior to the event start date
will not be accepted - there will be no refunds or credits in this case.
No shows - registrants who do not show up for the event will also not
receive any refunds or credits.
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