Forensic Accounting and Fraud Examination Exercises

Course Description:

This workshop will equip participants with several forensic accounting and fraud examination techniques involving fraudulent financial statements and asset misappropriation as well as best practices to prepare reports, court-ready schedules and court-ready audio-visuals and testify as an expert witness in court. Participants will work two cases: fraudulent financial statements (examining fraudulent income statements, balance sheets, and insurance proof of loss associated with an alleged incendiary fire and associated documents like vendor statements, state sales tax returns, and court records;) and asset misappropriation (examining bank statements, cancelled checks, deposit tickets, cash receipts and cash disbursements journals) from a physician’s office by the office manager.

The course will also discuss:

Realistic and comprehensive examples that illustrate a few of the forensic accounting and fraud examination techniques and illustrate the need to think outside the box.
Conducting an analysis of financial statements, monthly bank statements, cancelled checks, deposit tickets, and other supporting documents.
Gathering valuable information from forensic interviews.
Preparing documents that summarize the results of the forensic accounting and fraud examination assignment: reports prepared under Rule 26, court-ready schedules, and court-ready audio-visuals.
Learning the basics of testifying as an expert witness in court (voir dire, direct and cross examination, etiquette, demeanor)

Some of the key topics covered in the seminar are:

Analyzing financial statements for fraud and how to set to up controls to detect it.
Preparing bank reconciliations to identify the possibility of missing cash and when it is implemented.
How to analyze cancelled checks and methods to recognize check fraud.
How to analyze debit card transactions and methods to recognize debit card fraud.
How to analyze deposit slips and compare it to cash receipt records to recognize fraud.
Simplifying accounting schedules to improve a reviewer's understanding.
Simplifying the complex with audio-visuals.
Preparing reports under Rule 26.
Testifying as an expert witness – winning the jury’s confidence - dress, etiquette, demeanor, eye contact and other aspects to keep in mind.
Testifying as an expert witness – voir dire.
Testifying as an expert witness – direct examination.
Testifying as an expert witness – surviving cross examination.

Learning Objectives:

Learn how to commence forensic accounting and fraud examination analyses of simple fraudulent financial statements and employee theft via skimming, check fraud, and ATM card misuse.
Learn how to analyze financial statements for fraud and supporting documents.
Learn how to analyze the front and back of cancelled checks, debit card transactions, deposit tickets, and bank reconciliations.
Learn how to prepare court-ready schedules, and court-ready audio-visuals.
Learn how to prepare reports under Rule 26, court-ready schedules, and court-ready audio-visuals.
Learn the basics of testifying as an expert witness (voir dire, direct and cross examination, etiquette, demeanor).

Who Will Benefit:

Internal and external audit professionals
Finance and accounting management
Compliance professionals
Loss prevention and risk specialists
Fraud examiners
Procurement/purchasing and payables specialists
HR managers
Security personnel
CEOs and senior management of small and mid-size firms
Attorneys involved in financial litigation
Insurance claims adjusters
Government (state and local) financial investigators
Lending officers
Credit and collection department personnel
Merger and acquisition personnel
Investors and their brokers
Retail banking leaders
Employees designing fraud controls

For Registration - http://www.complianceonline.com/forensic-accounting-fraud-examination-exercises-seminar-training-80286SEM-prdsm?channel=worldconferencecalendar

Note: Use coupon code and get 10% off on registration, Valid till Dec 31st 2015