Uncovering Fraud with Financial and Ratio Analysis
Advanced
Description
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 seminar.
This 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 that are presented.
Prerequisites
A solid understanding of the creation of and relationships between an organization's financial statements and records
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
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
CPE Information
| CPE Credit: | 16 |
|---|---|
| Advanced Preparation: | None |
| Delivery Method: | Group-Live |
Credit by Field of Study
| Accounting: | 16 |
|---|
Course Fees
Pricing varies by event location or format. Please view the individual event page for the most accurate pricing.
Policies
Event Cancellation Policy
Our cancellation policy is intended to keep costs low for attendees. Due to financial obligations incurred by ACFE, Inc., you must cancel your registration prior to the start of the event. Cancellations received less than 30 calendar days prior to an event start date are subject to a $300 administrative fee. Event transfers received less than 30 calendar days prior to an event start date are subject to a $100 transfer fee. No refunds or credits will be given for cancellations received on or after the start date of the event. Those who do not cancel and do not attend are responsible for the full registration fee.
Should an event be cancelled or postponed by the ACFE due to unforeseen circumstances, the ACFE will process a full refund of registration fees within 30 days of such circumstances becoming known. The ACFE will attempt to notify affected customers by phone and email after it determines cancellation is necessary. For more information regarding refunds or other concerns, please contact Member Services at (800) 245-3321 / +1 (512) 478-9000.
Satisfaction Guarantee
ACFE events are unmatched in scope and effectiveness and backed by our unconditional satisfaction guarantee. If you attend an ACFE event and are not completely satisfied, please contact an ACFE Member Services Representative at MemberServices@ACFE.com or call (800) 245-3321 / +1 (512) 478-9000.
Terms and Conditions
The Association of Certified Fraud Examiners, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.