2-DAY COURSE
Forensic Accounting: Spotting Financial Fraud
For Investors, Analysts, Financial Managers, Examiners and Litigators: The detective skills you need today
This course will cover:
- The 25 most common accounting misdirections
- Examining critical line items and footnotes
- Understanding reporting details of 10-K and 10-Q
- Relationships between capital items and revenues
- How to know when to look behind the numbers
- Identifying distortions in earnings and cash flow
- Recognizing the warning signs of manipulation and fraud
- The interrelationship among the financial statements
- A plan for protecting investments against accounting fraud
- True case studies of unrecognized fraud and the results
- To catch a thief – what you need to find discreet fraud
If we’ve learned nothing else from the recent history of the finance world, it's that determining fraudulent or misleading financial information is critical to making the right investment decisions as well any financial management decisions for your firm and its future.
Develop Your Detective Skills
Examining real-life case studies, in class interaction and dynamic “down and dirty” investigation – you’ll develop the detective skills and the keen sense to know where to look for discrepancies in any area - no matter how clean a financial picture has been presented to you. From examining simple financial statements, to complex stock valuations to tearing through a 10-K, you’ll cover the critical forensics you must use to protect your investments and make better and safer decisions.
Catch Fraud Before Financial Disaster
After two intense days with an expert, know what you need to be looking for in a nice neat Financial Report and what questions you should be asking. You will quickly develop the forensic skill to go through any financial with a fine tooth comb – and discrepancies can be there! No matter how minor or incidental, these can spell disaster for your investors, your firm and your career.
Learn to detect the most common manipulations of Revenue, COGs, Operating Expense, Non Operating Expense, Discretionary Items, Reserve Accounts, Commitments and Contingencies.
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