Course Objectives

• This Course Objective Hasn't Been Provided Yet

Target Audience

Professionals in the field of finance and accounting, controllers, accounting managers, senior and chief accountants, financial analysts, internal and external auditors, and accountants at all levels seeking to enhance their financial statement fraud detection skills.

• Identifying fraud and fraudsters
  • Introduction to fraud
  • Fraud triangle
    • Pressure
    • Rationalization
    • Opportunity
  • Fraudsters’ profile
• Fraud schemes
  • Executive fraud
  • Fraud schemes in financial statements
  • Fraud schemes in assets
  • Fraud schemes in liabilities
  • Fraud schemes in expenses
  • Fraud schemes in sales
• Ratio analysis
  • Michael Porter's five forces
  • Common size analysis
  • Altman Z-score assessing potential bankruptcy
• Assessing quality of financial reports
  • Framework for assessing quality of financial reports
  • Potential problems that affect the quality of financial reports
  • Beneish model: M-score on manipulated earnings
  • Evaluating the earnings quality of a company
  • Evaluating the cash flow quality of a company
  • Indicators of balance sheet quality
• Internal control environment
  • Fraud detection
  • Fraud prevention
  • Fraud response
  • Internal controls
  • Corporate governance and ethics
  • Code of conduct
  • Internal control environment

This course hasn't been scheduled yet, however you can request for In-House training