Financial Accounting and Detecting Fraud Training

Course Info

Length: 1 Week

City: Kuala Lumpur

Type: In Classroom

Available Dates

  • Mar-18-2024

    Kuala Lumpur

  • Apr-15-2024

    Kuala Lumpur

  • May-20-2024

    Kuala Lumpur

  • June-17-2024

    Kuala Lumpur

  • July-15-2024

    Kuala Lumpur

  • Aug-19-2024

    Kuala Lumpur

  • Sep-16-2024

    Kuala Lumpur

  • Oct-21-2024

    Kuala Lumpur

  • Nov-18-2024

    Kuala Lumpur

  • Dec-16-2024

    Kuala Lumpur

Dates in Other Venues

  • Mar-11-2024

    Amsterdam

  • Mar-11-2024

    London

  • Mar-18-2024

    Istanbul

  • Mar-25-2024

    Singapore

  • Mar-25-2024

    Paris

  • Apr-01-2024

    Dubai

  • Apr-01-2024

    Barcelona

  • Apr-08-2024

    Amsterdam

  • Apr-08-2024

    London

  • Apr-15-2024

    Istanbul

  • Apr-22-2024

    Singapore

  • Apr-22-2024

    Dubai

  • Apr-29-2024

    Barcelona

  • Apr-29-2024

    Paris

  • May-06-2024

    Dubai

  • May-06-2024

    London

  • May-06-2024

    Barcelona

  • May-13-2024

    Amsterdam

  • May-13-2024

    London

  • May-20-2024

    Istanbul

  • May-27-2024

    Paris

  • May-27-2024

    Singapore

  • June-03-2024

    Dubai

  • June-03-2024

    Barcelona

  • June-10-2024

    Amsterdam

  • June-10-2024

    London

  • June-17-2024

    Istanbul

  • June-24-2024

    Paris

  • June-24-2024

    Singapore

  • July-01-2024

    Barcelona

  • July-01-2024

    Dubai

  • July-08-2024

    London

  • July-08-2024

    Amsterdam

  • July-15-2024

    Istanbul

  • July-22-2024

    Singapore

  • July-22-2024

    Dubai

  • July-29-2024

    Paris

  • July-29-2024

    Barcelona

  • Aug-05-2024

    Barcelona

  • Aug-05-2024

    Dubai

  • Aug-12-2024

    Amsterdam

  • Aug-12-2024

    London

  • Aug-19-2024

    Istanbul

  • Aug-26-2024

    Paris

  • Aug-26-2024

    Singapore

  • Sep-02-2024

    Barcelona

  • Sep-02-2024

    Dubai

  • Sep-09-2024

    London

  • Sep-09-2024

    Amsterdam

  • Sep-16-2024

    Istanbul

  • Sep-23-2024

    Singapore

  • Sep-23-2024

    Dubai

  • Sep-30-2024

    Paris

  • Sep-30-2024

    Barcelona

  • Oct-07-2024

    Dubai

  • Oct-07-2024

    Barcelona

  • Oct-14-2024

    London

  • Oct-14-2024

    Amsterdam

  • Oct-21-2024

    Istanbul

  • Oct-28-2024

    Singapore

  • Oct-28-2024

    Paris

  • Nov-04-2024

    Barcelona

  • Nov-04-2024

    Dubai

  • Nov-11-2024

    London

  • Nov-11-2024

    Amsterdam

  • Nov-18-2024

    Istanbul

  • Nov-25-2024

    Singapore

  • Nov-25-2024

    Paris

  • Dec-02-2024

    Dubai

  • Dec-02-2024

    Barcelona

  • Dec-09-2024

    Amsterdam

  • Dec-09-2024

    London

  • Dec-16-2024

    Istanbul

  • Dec-23-2024

    Singapore

  • Dec-23-2024

    Dubai

  • Dec-30-2024

    Barcelona

  • Dec-30-2024

    Paris

Course Details

Course Outline

5 days course

 

Financial Accounting Review
 
  • Structure of financial reports
  • Regulation of financial reporting
  • Financial reporting standards
  • The Analysis of Financial Reports
  • Detecting bias in accounting numbers
  • Qualitative analysis: what people say and what they might mean

 

Creative Accounting
 
  • What is creative accounting and why is it a bad thing?
  • Inappropriate accruals, estimates, and excessive provisions
  • Identifying premature revenue recognition and fictitious revenue
  • Aggressive capitalisation
  • Creative income statements: classification and disclosure
  • Problems with cash flow reporting

 

Forensic Accounting

 

  • The basics of forensic accounting
  • The need for Sarbanes-Oxley
  • The going concern concept in greater detail
  • Cases in which forensic accounting was used
  • Off balance sheet finance
  • Introduction to Benford’s Law

 

The role of the auditor nd detecting fraud
 
  • The Role of the Auditor in the Prevention and Detection of Fraud
  • Deterring Fraud – The fraud triangle
  • The COSO “Internal Control – Integrated Framework,” (COSO Model)
  • 20 ways to detect fraud
  • Identifying fraud using time series analysis
  • Fraud risk assessments

 

Tools for Detecting Fraud

 

  • Further Statistical Analysis of accounting and other data
  • Further application of Benford’s Law
  • Chi Square and Kolmogorov Smirnoff Tests
  • Mean Absolute Deviation test
  • Mantissa Arc Test

Course Video