Accountant’s Guide to Anti-Money Laundering (AML): People, Patterns and Prosecutions
Total Credits: 1 including 1 Regulatory Ethics - Technical
- Average Rating:
- Not yet rated
- Categories:
- Partner Produced | Ethics
- Faculty:
- Albert D. Spalding Jr.
- Course Levels:
- Basic
- Duration:
- 1 Hour
- License:
- Product Setting: Expires 30 day(s) after program date.
Description
Accountants in the various financial services industries are expected to be alert to potential money laundering situations, even if they are not specifically tasked with monitoring AML compliance. This workshop unpacks the basic AML compliance requirements and considers real world cases involving financial professionals & responses to AML red flags. The content of this workshop emphasizes the ethical considerations faced by accountants who encounter money laundering situations.
Basic Course Information
Learning Objectives- Provide a working definition of money laundering (ML) and list the basic elements of money laundering
- Develop a greater awareness of the prevalence of ML and the global efforts to prevent it
- Draw a connection between money laundering and fraud
- Point to various "red flags" common to both money laundering and fraud and describe the ethical duty of accountants to be alert to such red flags
- Analyze real-world cases involving money laundering red flag
Major Subjects
- Prevalence and Impact of Money Laundering
- When CPAs Launder Money
- The Connection between Money Laundering and Fraud
- Accountant's Duty to be Alert to Fraud and Money Laundering
- Detection of Money Laundering, Part I
- Banks and Financial Institutions
- Detection of Money Laundering, Part II
- Other Organizations (Example: Casinos)
- Conclusion
Course Materials
| Important CPA Credit Instructions READ BEFORE WEBCAST UPDATED (487.5 KB) | Available after Purchase | ||
| Accountant’s Guide to Anti-Money Laundering (AML): People, Patterns and Prosecutions Handout (3 MB) | Available after Purchase | ||
Faculty
Albert D. Spalding Jr. Related Seminars and Products
Associate Professor
Mike Illitch School of Business Administration, Wayne State University, Detroit
Albert “Bert” is an attorney-CPA and holds the Certified in Financial Forensics (CFF) designation from the AICPA.
Professor Spalding serves on the faculty of the Department of Accounting at the Wayne State University Mike Ilitch School of Business…where he teaches business law, tax, forensic and fiduciary accounting -- as well as professional ethics -- in the MS in Accounting and MBA programs.
Bert Spalding has also served on the legal staff of the IRS National Office in Washington, D.C. where he drafted letter rulings, technical advice memoranda, revenue rulings and other pronouncements.
Dr. Spalding holds graduate degrees in accounting, law, psychology, philosophy and theology, and has authored several books and many journal articles on accounting, tax, legal and ethics-related topics. His popular SpaldingCPE seminars, webcasts and self-study courses on ethics and accounting topics are widely received around the State of Michigan as well as nationally.
Dates
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Mon, Jan 27, 2025 - 08:00am to 09:03am HAST
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Wed, Feb 12, 2025 - 12:00pm to 01:03pm HAST
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Thu, Mar 13, 2025 - 05:00am to 06:03am HAST
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Fri, Apr 25, 2025 - 06:00am to 07:03am HAST
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Tue, May 13, 2025 - 09:00am to 10:03am HAST
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Mon, Jun 09, 2025 - 10:00am to 11:03am HAST
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Sat, Jul 26, 2025 - 03:00am to 04:03am HAST
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Thu, Aug 21, 2025 - 07:00am to 08:03am HAST
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Fri, Sep 26, 2025 - 04:00am to 05:03am HAST
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Wed, Oct 22, 2025 - 09:00am to 10:03am HAST
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Mon, Nov 03, 2025 - 06:00am to 07:03am HAST
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Tue, Dec 16, 2025 - 09:30am to 10:33am HAST
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Additional Info
Basic Course Information
PrerequisitesNone
Advanced Preparation
None
Designed For All financial and accounting professionals
Original Recording Date 10/2024
Yellow Book
No
Course Developer
MICPA
Date Added to Catalog 10/18/2024
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.