Professional Regulation Commission

INSTRUCTIONAL DESIGN

ACCOUNTANCY
CPD COUNCIL OF/FOR ____________________

Financial Transactions and Fraud Schemes

PROGRAM TITLE: _____________________________________________________________________________________________________________________________

PROGRAM DESCRIPTION:
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Understand the different types of occupational fraud. This course explains the different types of schemes from revenue overstatement and manipulated valuations to skimming, larceny, register tampering, kickbacks,

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shell companies, corporate espionage, bank fraud and a host of other schemes by which organizations and individuals can be defrauded.

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PROGRAM OBJECTIVES/LEARNING OUTCOMES:

Specific Objectives of the
Program
Understand their effects in
companies and
organizations
Gain mastery on the
common methods for
concealing liabilities and
expenses to perform
financial statement fraud
Discuss in detail the two
types of cash receipts
schemes
Discuss in detail the two
types of fraudulent
disbursement schemes
Understand in detail the
process and effects of
misusing and stealing
Evaluation Method or
Learning Outcomes per Topics To Be Discussed / Time Allotment For Teaching Methods and Aids Tools To Be Used to
Topic Resource Person1 Each Topic Needed For Each Topic Measure the Program
Objectives2
Understand what Financial Defining Financial 5 minutes Lecture Quiz
statement fraud and statement schemes and
schemes are Financial statement fraud
Focusing on the ways 10 minutes Lecture Quiz
Understand liabilities and financial statements can be
expenses; and their role in manipulated specifically
financial statement fraud through liabilities and
expense records
Comprehension on two Skimming and Larceny as 15 minutes Lecture Quiz
types of cash receipts Cash receipts scheme and
schemes the manipulation it includes
Comprehension on two Forging checks, submission 15 minutes Lecture Quiz
types of fraudulent of false invoices and other
disbursement schemes disbursements
Understand two ways a Focusing mainly on the 15 minutes Lecture Quiz
person can misappropriate asset being misused or
a company asset being stolen in the process CPDD-16
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June 29, 2020
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assets
Understand the different 15 minutes Lecture Quiz
Discuss in detail the Focusing on the insiders,
kind of employees who are
different kind of employees, employees and their
related to financial
their roles, and their effect specific roles on schemes
statement schemes and
on a company and fraud
fraud
Increase and decrease of 15 minutes Lecture Quiz
Understand the effects of Comprehension on positive
innovation, reduction and
competition in business in and negative results of
addition in costs for
detail competition in business
consumers
Gain mastery on how Normal transfers specifically 15 minutes Lecture Quiz
Learn several types of
such activities are being in operating accounts and
normal transfers using
done to be aware about the general ledger account
internal accounts
schemes   transactions
Recapture an overview of 10 minutes Powerpoint slides/PDF Quiz
Reinforce facts and
and retain in memory the Materials
principles covered in the Slides/Reading Materials
principles of foreign
lesson
exchange trading
Gain mastery of the Master the facts and 5 minutes Q&A – multiple choice Quiz
principles and applications principles covered in the Short Quiz
covered in the module lesson
1 2
Attach Program of Activities and Attach Evaluation Tool.
Resume of Resource Person
REMARKS:
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Jeff-Mike Smith Sule

Prepared by: _______________________________________ Aug. 1, 2020
Date : ______________________________

TO BE DETERMINED BY THE CPD COUNCIL:

I. PROGRAM LEVEL: BASIC ADVANCED HIGHLY ADVANCED II. APPROVED CREDIT UNITS: ______________________

CPDD-16
Rev. 00
June 29, 2020
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