• On-Site Training Topic Details 


    Uncovering Fraud with Financial and Ratio Analysis 


    Anomalies in an organization’s financial reports can be an indicator that fraudulent activity is occurring — if you know what to look for. Digging deep into the financial statements offers an advanced method of detecting fraud by uncovering relationships that don’t make sense and highlighting red flags of potential manipulation.


    Learn how to use in-depth financial and ratio analysis to spot the warning signs of fraud in your organization during this two-day ACFE seminar. This instructor-led course will provide you with an overview of numerous types of analyses that can be used to identify embezzlement, corruption schemes, and fraudulent financial reporting. Practical problems and real case examples discussed throughout the course will illustrate many of the principles and techniques are that presented.


    You Will Learn How To:  

    Design financial analyses aimed at detecting specific types of fraud schemes, including asset misappropriations, corruption schemes and financial statement fraud

    Elevate the fraud-detection capabilities of traditional horizontal, vertical and ratio analyses

    Recognize financial anomalies, including duplicate transactions and violations of Benford’s Law

    Apply complex ratios, such as the Beneish M-score and other multiple-factor analyses

    Formulate targeted ratios that combine non-financial data with financial data

    Design and perform a fraud risk assessment to determine which ratios are of the greatest importance to monitor

    Select and implement monitoring tools to help automate and improve detection of financial red flags 

    Who Should Attend:  

    Certified Fraud Examiners and other anti-fraud specialists

    Internal and external auditors

    Forensic accountants

    Controllers, CPAs and other accounting professionals 


    CPE Credit: 16

    Field of Study: Auditing

    Course Level: Advanced
    Prerequisite: A solid understanding of the creation of and relationships between an organization's financial statements and records

    Advanced Preparation: None