INTRODUCTION
Financial Accounting and Detecting Fraud Training Course sets out to explain what accounting fraud is, how it can be detected and therefore how it might be prevented.
Delegates are highly encouraged to be ready to discuss their own concerns although it is appreciated that confidentially is a supreme concern in a programme such as this.
Participants will develop the following competencies:
- An analytical approach to detecting and preventing fraud
- Knowledge in the causes of fraud, and seeing the tell-tale signs
- Effective in the use of the quantitative tools provided
BENEFITS
The Review of Financial Accounting & Detecting Fraud Britannia training course is aimed at finance and accounting professionals and those for whom the prevention and detection of fraud is a major issue
SEMINAR OBJECTIVES
- Discuss the structure and foundations of financial reporting
- Be aware of creative accounting and how it can be determined
- Determine the need for forensic accounting by means of case study and other analysis
- Appreciate the nature or Benford’s Law and its increasingly important role in the prevention and detection of fraud
- Discuss the role of the auditor in detecting fraud
- Carrying out a variety of statistical tests on financial reports and accounting data
TRAINING METHODOLOGY
Delegates will learn by active participation during the programme through the use of exercises, case studies, practical workshops, syndicate and group discussions. Much of the work of this programme will centre around mathematical, statistical and ratio analysis.
SEMINARY SUMMARY
In summary, this Britannia training course begins by discussing the source of financial reporting information and how it can be used as the source of information for the detection of fraud. The seminar then goes on to explore fraud under three major headings:
- Creative accounting
- Forensic accounting
- Detecting fraud
Along the way the training course introduces cutting edge methods that are used to minimise and eliminate the risks and losses being suffered by modern industry and commerce.