Basics of Forensic Accounting
Mike Morley is a Certified Public Accountant who holds the top credit designations in the U.S., Canada, and the U.K. An entertaining and informative speaker, Mike is a recognized authority in the field of finance.
A consultant on SOX and IFRS projects, Mike is the author of “Sarbanes-Oxley Simplified,” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.
Mike is the author of several books, including:
- “IFRS Simplified” which provides a jump starts for accountants and finance executives who want to quickly and easily get up to date on IFRS.
- “Sarbanes-Oxley Simplified” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.
- “Financial Statement Analysis Simplified” which translates the accounting language of financial statements into clear, easy-to-understand terms that anyone who needs to make well-informed financial decisions quickly will appreciate.
Whether you are involved in evaluating the creditworthiness of a prospective customer, analyzing investment opportunities, or even beginning to suspect that something funny is going on in your own company, this session will give you the tools to determine what is really going on. It's not just about the financial statements, this presentation will show you how to conduct a preliminary investigation will help you determine if you are dealing with fraud or simply incompetence, and what steps to take next.
- Recognize the signs of fraud
- Learn effective strategies for discovering and following the trail to the proof
- Reading in between the lines of merger and acquisition financials
- Discover the ever-present story cash flow tells
- Identify people and companies in trouble
- Develop prediction strategies and policies that detect fraud earlier
- Turn fraud detection into a profitable activity
Course Level - Basic/Intermediate
Who Should Attend
- Board members
- External auditors
- Compliance professionals
- Operational professionals
- Finance professionals
- Internal auditors
Why Should You Attend
Every day the news is full of stories of white-collar crime. It is estimated that companies lose on average 5% of annual revenues to fraud note that is 5% of annual revenues, not annual profit. The numbers are huge. This is because it is profitable, difficult to detect, and the remote likelihood of prosecution and the resulting light penalties make it very tempting.