In an increasingly complex environment resulting in a mesh of several emerging disciplines, initiating and tracking financial transactions on various platforms now require a high level of special skills spanning accounting, forensic science, auditing etc. The inter-relationship between the role of an auditor, the accounting process and the paradox of corporate governance failure are brought out vividly in this program. The liability of auditors and accountants in public and private practice and responsibilities are examined in the light of international financial reporting standard. Current skills in forensic accounting are also examined to aid practitioner in fraud detection. The aim of this program is to assist those in this function to foretell the kind of corporate cataclysm that has become a frequent occurrence lately in the corporate and government sectors. The latest and best skills in IT based investigations will be explored. This program also has infused in its relevant and current management strategies that assure excellence in the world placed highly recommended for top and middle management executive.
Fundamentals of Forensics
Contemporary issues in forensic accounting
New financial investigation
Emerging issues in frauds management
Mechanism for prevention and control of financial crimes
Management of fraud risk
Understanding International best practices
Following the money trail
Fundamentals of fraud investigation
Leadership and team management skills
Basics of forensic investigation
Laws, Regulations and Legislation
International financial reporting standards
Lapses of auditors and accountants in large corporate failures
Basic financial accounting
Developments in money laundry legislations
Forensic auditing/accounting contemporary issues
Corporate Governance in Public Institutions
Sarbannes Oxley Regulation background and implications
Fraud Detection overview of significant frauds (international perspective)
Case Study: ENRON largest Corporate failure in US history.
Who Should Attend?
Accountants, Auditors, Internal Controls, Persons with responsibility for investigation, Security and Stores Managers, Admin Officers. And other persons whose participation in this program will enhance the performance of their duties.
Delegates be able to work together with colleagues from various background and experience to examine recent developments in financial accounting, auditing as well as forensic accounting with a view to improving their financial investigative skills to meet increasing challenges of corporate failures occasioned by corporate governance.
Additionally participants completing this course will be able to:
Formulate a fraud prevention strategy to protect their organization
Develop an awareness of the implications of money laundering and the risks of fraud in their organization
Develop an audit and internal control policy framework for their organization
Quickly identify reg f lag and mitigate same.
Identify vulnerable and potential offenders through understanding human nature