Instructor
Glenn Helms
Instructor
Dr. Glenn L. Helms, Ph.D., CPA, CISA, CIA, CFF, CITP, has many years of public accounting experience, and serves as a consultant to various organizations including CPA firms, financial institutions, and large and small entities. He was the Arthur Young Fellow in IT Auditing at the University of Houston and has served as director of certification for the International Certified Information Systems Auditor program.
Helms has published more than 60 articles in a wide range of practitioner and academic journals, and has served on the editorial advisory boards of several national and international journals. His books address security, controls and fraud in a variety of environments. He has presented more than 2,000 professional seminars throughout North and South America, Europe and Asia, and has authored numerous CPE courses. He is a multiple year recipient of the Don Farmer Award, and has won the Outstanding Discussion Leader Award from the AICPA for every year that the award has been presented.
Revenue and cash receipts are two critical areas that require strong controls to prevent intentional fraud or unintentional misstatements. While there is well-publicized fraud in these areas in larger companies, it also occurs, and can even be more likely to occur, in smaller businesses and not-for-profit entities. A sound system of internal control is needed to help prevent fraudulent activities and reporting related to the revenue and cash receipts cycle. It is crucial that an internal control system is tailored to the unique needs of each organization with a dedicated focus on areas posing the greatest risk; this course is designed to help you to do this.
When you complete this course you will be able to: • Identify common frauds in the revenue and cash receipts processes.
• Identify internal controls that mitigate various risks.
• Recall an analysis process to improve efficient and effective risk management in your organization.
• Traditional revenue system
• Retail revenue cycle
• Manufacturing revenue cycle
• Service revenue cycle
• Accounts receivable and billing
• Cash receipts
• Revenue frauds and fraudulent financial reporting
None
Auditors, practitioners, and all levels of CPA professionals.