Price
Enroll Now
Overview
Approx 3 Hours To Complete Z - Fraud Detection in English Language
In the past various listed companies have committed financial statement frauds through creative accounting. Their motives were either to manipulate share prices for their personal gain or to gain incentives by showing good performance and hiding bad news. In current times, due to pressure from owners, lack of internal controls, and integrity, financial frauds are common and cost huge amounts of money to the economy and business.
Syllabus
-
Introduction to the course and understanding fraud's anatomyDifferent methods of committing financial fraudsPractical example to explain different methods
What you will learn
Meaning of financial fraud
Defining financial statement fraud
Cost of financial fraud
Who commits fraud and why & how they commit fraud
Conceptual framework of financial statements
Qualitative characteristics of financial statements
Methods of committing financial fraud
Method 1 of financial fraud – false revenue and how to detect
Method 1 – Fictitious revenue part 2
Method 2 – Timing difference in recognizing revenue and expenses
Method 3 – Concealment of liabilities
Method 4 – Improper disclosure as financial fraud
Additional red-flags for method 4 – improper disclosures
Method 5 – Improper asset valuations
Understanding revenue falsification through example
How to catch falsification of expenses to improve profitability
Financial frauds in assets
Financial statement fraud in liabilities side
Deterrence of financial fraud
Student feedback
- Stars 5
- Stars 4
- Stars 3
- Stars 2
- Stars 1
0
Course Rating
Do You have a Question
Ask any queries or doubts about this course & get responses from Teachers
