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