All financial auditors (CPAs)
The Sarbanes-Oxley Act of 2002, and the concomitant Statement on Auditing Standards (SAS) No. 99 by the AICPA establish legal and professional requirements for CPAs related to the detection and reporting of fraud. This course provides opportunity to develop knowledge, skills, and abilities related to fraud detection.
All internal auditors
Internal auditors have traditionally been more focused on the integrity of corporate data than other accountants and auditors. Therefore many internal auditors have used GAS in the past in the performance of their duties. This course will extend that knowledge to apply to various frauds, especially employee fraud and misappropriation of assets.
Insurance and banking regulatory auditors
The insurance industry is particularly susceptible to fraud. This course will enable insurance regulatory agents to investigate fraud using databases and reporting, and make it easier to spot frauds that might have otherwise gone undetected. Banking is a cash business, and cash is highly susceptible to fraud. This course could improve the bank auditors' ability to investigate theft or misappropriation of cash and/or funds.
State auditors should have skills to investigate agencies, municipalities, counties, and other state governmental entities using the data rather than traditional techniques. Again, auditors should be able to detect fraud that would otherwise go undetected.
Forensic accounting / lawyers' assistants
Often, lawyers need assistance in determining the "truth" about assets, liabilities, or fraud in various types of court cases. For instance, it is not uncommon for a lawyer in a divorce case to hire a forensic accountant to determine the "true" value of the other party's assets. The same is true in civil cases where a merger/acquisition has gone bad because the acquiring company believes it was bought a grossly over-valued company. The forensic accountant is expected to determine both the true value of the firm, and if any sufficient, competent evidence exists to indicate fraud.
Basically, a forensic accountant or fraud auditor is a detective. Thus anyone who is interested in detecting fraud and anomalies in their entity's data systems would be interested in these courses. The concepts and tools would be useful to anyone who wishes to investigate their own books and databases to look for anomalies - the result of either errors or fraud.