
Review of Financial Accounting & Detecting Fraud
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1- Online Training...with international accreditation.
The value of participation per person is €1,450
2- Requirement : specifying the course, number of participants,
implementation date, and joint coordination.
Group contracting ... 20% Discount For Each Participant
In Any Group Of Five Person Or More
Other Places To Hold The Course :
KualaLumpur.. Istanbul.. Dubai.. Cairo.. Riyadh.. Jeddah.. Abu Dhabi.. Doha.. Muscat.. Sharm El Sheikh.. Kuwait.. Tripoli.. Amman.. Beirut.. Damascus.. Tunisia.. Casablanca.. London.. Paris.. Barcelona.. Amsterdam.. Brussels
Review of Financial Accounting & Detecting Fraud
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.
Course Objectives :
At the end of this course, the participants will be able to :
- 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
Targeted Audience :
The Review of Financial Accounting & Detecting Fraud training course is aimed at finance and accounting professionals and those for whom the prevention and detection of fraud is a major issue
Course Outlines :
Day 1 : 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
Day 2 : 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
Day 3 : 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
Day 4 : The Role of the Auditor and 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
Day 5 : 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
- Second Order and Summation Tests
EuroMax Training Methodology :
Our training work is presented in a professional and attractive manner.. Interspersed with interceptive information to renew attention throughout the training period… We aim with this method to train the listener and interact… In addition to practical applications that target the direct skills and knowledge required to be achieved.. It is presented to the trainees in more than one way.. Practical exercises and applications.. Surveys and questions.. A training strategy has been adopted based on pairing between the theoretical and the professional and between the local and the global.
What Does The Participant Get From The Course?
Each participant obtains an internationally accredited training certificate from the EuroMax Center for Training and Development … which has the ISO certificate in quality No. 900/2015 from the English international company UCAS .. and receives a training bag containing the scientific material via an electronic flash … in addition to an enjoyable and useful training that is reflected Positive and developmental for individuals and the institution
Note :
We can implement the training course in any of the cities referred to in this course..at the appropriate and required time for the trainees..through joint coordination with the training department at the center..the training is implemented in a distinctive manner according to the best quality standards so that we meet all training requirements and needs.
International Accreditations
The EuroMax Center for Training and Consulting has obtained international and official accreditations with the highest and best international levels scientifically and technically, which reflect the level of outstanding performance in our training work.. so that it achieves what each participant aspires to by obtaining the best certificates with officially approved scientific and technical standards.






