Madoff Investment Securities’ Auditor- Video

Price: $14.99

CPE Credits: 1.0

Category: ,

Course Number: VEMADFMC

ethics podcast -ponzi scheme

Description:
This course is a Video. It is considered self-study. PowerPoint slides  and a copy of the exam are also included.  Bernard Madoff Investment Securities LLC was the source of the largest financial fraud in US history. Madoff perpetrated a simple Ponzi scheme whereby older investors were paid with newer investor funds, thus providing the impression of actual investment returns. The extent of the losses related to Madoff’s Ponzi scheme have been estimated at $50 – $65 billion.
Many are astounded to hear that Bernard Madoff Investment Securities LLC was audited by a CPA. Unfortunately, Madoff’s CPA apparently did not subscribe to the AICPA Code of Conduct as most of the rules contained in the code were ignored. What follows is a case study examining the conduct of Friehling & Horowitz CPA’s P.C., the CPA firm that audited Bernard Madoff Investment Securities LLC, within the context of the AICPA Code of Professional Conduct.

Delivery Method: QAS Self-Study – On Demand Video

Level: Overview.

Prerequisites: None

Advanced Preparation: None

Instructor: Joseph Helstrom, CPA

Format: On Demand Video
Runtime: 44 minutes 28 seconds

Passing Grade: 70% or higher

Exam Policies: Exams may be retaken. You have one year from date of purchase to complete and pass the course

CPE Sponsor Info : NASBA Registry #109234,  Click here to view specific state approvals.

By the end of the course participants should be able to:

  •  Describe the AICPA’s Code of  Professional Conduct

Description:
This course is a Video. It is considered self-study. PowerPoint slides  and a copy of the exam are also included.  Bernard Madoff Investment Securities LLC was the source of the largest financial fraud in US history. Madoff perpetrated a simple Ponzi scheme whereby older investors were paid with newer investor funds, thus providing the impression of actual investment returns. The extent of the losses related to Madoff’s Ponzi scheme have been estimated at $50 – $65 billion.
Many are astounded to hear that Bernard Madoff Investment Securities LLC was audited by a CPA. Unfortunately, Madoff’s CPA apparently did not subscribe to the AICPA Code of Conduct as most of the rules contained in the code were ignored. What follows is a case study examining the conduct of Friehling & Horowitz CPA’s P.C., the CPA firm that audited Bernard Madoff Investment Securities LLC, within the context of the AICPA Code of Professional Conduct.

Delivery Method: QAS Self-Study – On Demand Video

Level: Overview.

Prerequisites: None

Advanced Preparation: None

Instructor: Joseph Helstrom, CPA

Format: On Demand Video
Runtime: 44 minutes 28 seconds

Passing Grade: 70% or higher

Exam Policies: Exams may be retaken. You have one year from date of purchase to complete and pass the course

CPE Sponsor Info : NASBA Registry #109234,  Click here to view specific state approvals.

By the end of the course participants should be able to:

  •  Describe the AICPA’s Code of  Professional Conduct
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