Detecting and Auditing for Fraud in Financial Statements Using Data

Description

As criminals turn away from blue-collar crime to white-collar crime, institutions were facing increased risk of attack from crimes such as fraud.
It is a fact that in white-collar crime, the potential rewards are greater, the risk of detection is lower, successful prosecution is more difficult and, finally, in the main, the penalties are less severe.

Why should attend the training:

Whether you are a general manager, risk manager, internal auditor, investigator, local government auditor, external auditor, or human resources manager, this webinar has something for you.

Key Learning Objectives of this Topic:

With the increasing growth of fraudulent activities within the business world it has become essential that auditors are able to:
• Examine data and records to detect and trace fraudulent transactions
• Understand the underlying factors that motivate individuals to commit fraud

Areas that will be covered during the Session:

• The Fraud Triangle-the three factors present in an organization that allow fraud to occur.

• Evaluating the existence of fraud.

• The anatomy of financial statements fraud.

• Analysis of common fraud examples and how to detect potential warning signs.

• Detecting creative accounting practice.

• Prevent and detect financial statements fraud.

• Fraud investigation in Action: what experts do.

• Fraud in the digital age.

Right Target Audience (Job title or job function):

Audit Committees, Board of Directors, Chief Executive Officers, Chief Financial Officers, Corporate/ Managing Directors, Chief Operating Officers, Chief Information Officers, Chief Internal Auditors, Chief security Officers, Heads of Internal Audit/Corporate Audit, Audit Managers/ Officers, Finance Personnel, Heads of Legal & Compliance Departments, Heads of Regulatory Affairs, Risk Management Heads, Heads of Credit Control, Forensic Accountants, Independent Auditors, Loss Control Managers

Why Should You Attend:

ICE is counting on Employer errors to increase their budget! Are you prepared????

On September 29 the DHS and Immigration Control Enforcement (ICE), the enforcement arm of DHS, hired 3 floors of new I-9 Document Auditors in their Tampa Field Office for 2018! This increase is to accommodate a huge push to conduct I-9 document audits to increase their fines and penalties since they know most Employers have errors!

Anyone can make a claim or complaint and it doesn’t even have to be true. Additionally, now the regulatory agencies are communicating more than ever before. The Department of Labor (DOL) communicates with the Internal Revenue Services (IRS), the DHS communicates with Child Support Services and on and on, it isn’t hard to imagine news getting out to target Employers however, research has proven that most complaints come from disgruntled employees and others come from audits of target industries.

Attend this webinar to understand how to fill I-9 form, how to correct it and audit it. what are the new developments in rule and how is agencies thinking to penalize employers, what are the best practices to follow to save your company from unnecessary violations?

Areas Covered in the Webinar:

• Learn what types of errors have the highest fines
• Ensure you have the most current I9 forms that is required
• What has changed in the most recent focus with the new political administration?
• How is the right way to correct I9 documents and save your company from unnecessary violations?
• What is the minimal risk Employers have when establishing an I9 document Correction & Storage Process?
• How should I9 documents be effectively corrected?
• How long should I9 documents be retained for active and terminated employees?
• Why are most Employers unclear about completing the new I9 form?
• Why are most HR professionals or those responsible for processing I9 documents still violating the request for documents section?
• What can you do if you have remote employees when it comes to I9 forms?
• What new immigration guidelines do Employers need to be aware of with the new administration?
• What is the Council for Global Immigration and what employees are protected?

Who Will Benefit:

• Business Owners, Company Leadership and Board of Directors (CFO, COO, CEO)
• Federal Contractors
• Department Heads
• Human resources professionals
• Compliance professionals
• Payroll professionals
• Managers/Supervisors & new and potential Managers
• Office Managers responsible for HR responsibilities
• Person responsible for Affirmative Action Plan (AAP) and Equal Employment Opportunity Commission (EEOC)