Forensic accounting, forensic audit and Corporate frauds
What you'll learn
- corporate fraud
- financial statement fraud
- forensic accounting
- forensic audit
- Basic interest to learn a course
Financial statement fraud is usually facilitated by management to achieve the desired goals. Company management can misrepresent financial statements in order to make the stock attractive to investors and, as a result, manipulate the stock price. In addition, management can misrepresent financial statements to justify bonuses and high salaries given to the employees of the company. This usually happens when management compensation is related to the company's performance.
The main reason for financial statement fraud is that the company's position looks better on paper. Financial statement fraud is not always motivated by one person, but it is committed by many.
As per the study conducted by the Association of Certified fraud examiners, financial statement fraud, in which the perpetrator deliberately causes a material misstatement or omission in an organization's financial statements, is the least common (10%) amongst the other operational frauds, yet most expensive category of business-related fraud
Corporate frauds have emerged as the biggest risks which companies are exposed to, and are increasingly becoming a big threat
Regulations are being regularly tightened to ensure monitoring, vigilance and disclosure mechanisms including whistle blowers’ complaints. It is a universal truth that fraudsters are always a step ahead of regulators
In case of frauds involving large amounts causing going concern issues (raising doubts in the ability of the company to continue its operation in the near- future
Who this course is for:
- students and professionals
Hello, I am a Chartered Accountant from India..I am Working in chennai. I am passionate about teaching various courses to students across the world.My courses are always student friendly and to the point.
I have worked in various departments of finance in corporate sectors and try to bring my experience into the teaching world.
I have an ability to teach the tough concepts with real life examples which make the students to understand the concepts in an easier way.
I hope the students will also enjoy the fruits of learning .