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Friday, November 3, 2023 Live Webcast

Introduction to Forensic Accounting (E2311152)

9:00 AM - 12:30 PM EDT

Registration: 8:30 AM EDT

webcast

Vendor Platform

4 CPE Credits in AA

OVERVIEW

Forensic accounting encompasses fraud investigation and prevention, as well as a wide variety of functions in litigation. Forensic accountants provide services ranging from serving as an expert witness, to litigation consultant and bankruptcy trustee. As our economy grows more complex, the need for forensic accountants grows as well. One critical role of the forensic accountant is exposing and examining financial fraud. Technology expands the way companies conduct business; however, technology also provides greater opportunities for those willing to commit fraud. Forensic accountants rely on their skills in accounting, coupled with their investigative skills, to explain to clients, courts, and jurors how fraudulent schemes occur and the effect caused by fraud. Forensic accountants also provide expert opinions in calculating damages in litigation and administering bankruptcy estates, as well as a host of other services.

This course features a live instructor and has been specifically designed for the NJCPA.

DESIGNED FOR

Accountants seeking to understand the many roles and services offered through forensic accounting and accountants seeking to augment their practices and increase billables

BENEFITS

  • Understand the various roles and requirements of forensic accountants
  • Recognize the skills that forensic accountants use in fraud investigation, in bankruptcy proceedings, and in litigation support roles
  • Understand the formal training and certifications available in forensic accounting

HIGHLIGHTS

  • Review of the different aspects of forensic accounting
  • The civil litigation process as it relates to forensic accounting
  • Litigation services provided by forensic accountants
  • Fraud detection and prevention
  • Various types of fraud
  • Training and certifications in forensic accounting
  • Forensic accounting in bankruptcy proceedings
  • Forensic accounting in family law proceedings
  • Calculating damages for use in litigation
  • Valuations
  • Ethical issues pertinent to forensic accounting

COURSE LEVEL

Basic

PREREQUISITES

Experience with individual and business clients

ADVANCE PREPARATION

None

INSTRUCTOR

Ronald Kral

Ronald J. Kral, CPA, CMA, CGMA

AICPA

Ronald Kral, CPA, CMA, CGMA Ron Kral is a partner of Kral Ussery LLC, a public accounting firm delivering advisory services, litigation support, and internal audits. Ron has worked with hundreds of clients as a public accountant offering robust solutions on governance, SEC compliance, internal controls testing and remediation, IT general controls, IPO readiness, M&A transactions, auditing standards, COSO frameworks, and U.S. GAAP. He has both an audit and a management perspective, having signed external audit opinions, led a business unit for a large publicly traded company, and delivered numerous internal audit efforts. Specifically, he was a general manager for a large technology company traded on the NYSE as well as a principal consultant with PwC, leading operational audits and internal control projects. He began his public accounting career with a California CPA firm as a financial auditor and was the managing director of the firm’s Orange County office. Ron launched his career as a performance auditor with the California State Auditor. Ron served on FEI’s working group for the development of COSO’s 2013 control framework and is a member of four of the five COSO sponsoring organizations: the AICPA, FEI, IIA, and IMA. Ron holds an MBA from Arizona State University and a BBA from the University of Wisconsin-Madison.