To Access This Course:
This course uses a fascinating case study on accounting frauds at Koss Corporation to demonstrate the importance of internal controls, management oversight by the board of directors and an organizational emphasis on ethics in the prevention of fraud. It also examines the CPA auditor’s responsibility for internal controls and the prevention and detection of fraud as part of its work.
Learning Objectives
- Recognize the SEC rules regarding smaller reporting entities.
- Recognize the auditor responsibility for client internal controls.
- Identify the Koss Corp. embezzlement and financial statement fraud with inadequate internal controls.
Last updated/reviewed: September 13, 2020
1 Review (2 ratings)Reviews
Anonymous
(Staff Accountant)
This is an interesting case study. A good reminder of the importance of internal controls.
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .