Norwegian Institute of Public Accountants E-Learning
E-learning: RS 240 and Fraud
Den norske Revisorforening
E-læring: RS 240 og misligheter (in Norwegian)
Global Advice Network has developed an interactive e-learning course for the Norwegian Institute of Public Accountants, which presents participants with insights into the issues of fraud and corruption and covers the main principles of the RS 240 Auditing Standard.
Register (in Norwegian) - Registration deadline is undefined
Objective
The course is designed to enhance the auditor's understanding of the risk of fraud and corruption, how the company can manage risk effectively and how auditors can comply with RS 240 and be a positive contributors to the fight against fraud and corruption.
Major economic losses, closure of businesses and media coverage of unethical behaviour has revealed to the common person that fraud and corruption are widespread phenomenons in today's society. Cases are not only concerned with false reporting, but also the deliberate overpricing of goods, false invoicing, false expense bills, bribes, kickbacks, fraudulent rebates, conflicts of interest and theft. Fraud and corruption risks are often the risks for which effective, practical countermeasures are neglected, despite the direct and indirect costs associated with fraud and corruption being estimated at 2-5% of an organisation's revenue. Is there reason to believe that Norway does not face the same problems as the rest of the world regarding these risks?
Most likely it is that most of us have confidence that auditors assess the risk of fraud and corruption, and that they indicate any concerns in their audit reports. Norway's Auditing Standards have long required auditors to "maintain an attitude of professional scepticism" and conduct a "review of fraud risk factors". But what does this really mean in practice? How can we clearly define the auditor's role and responsibilities when it comes to fraud and corruption?
Course Content
The e-learning course offers practical and relevant information helps the participant to:
- Think creatively about the types of risks that are most relevant
- Develop a healthy scepticism to potentially unusual transactions and deviant behaviour
- Develop the ability to identify red flags warning of potential cases of fraud or corruption
- Act correctly when red flags and concrete cases are revealed
If the concluding knowledge test for the course is passed, the course is equal to 2.5 hours mandatory continuing education. The completion of the course takes about two hours.
Course Form
Web-based e-learning
Responsible Professional(s)
Global Advice Network
Mandatory Continuing Education
Auditors: Evaluated as 1 hour auditing and 1.5 h auditing ethics
Members Course Fee
NOK 1,375 (tax included)
Non-Members Course Fee
NOK 1,625 (tax included)
Course literature is available online (in Norwegian)
