Preventing and Detecting Asset Misappropriation Frauds
What you'll learn
- Gain a comprehensive overview of common schemes: Skimming, Larceny, and various Disbursement Schemes (including Payment Tampering and EFT).
- Strategies to detect and prevent specific fraud schemes like Expense Reimbursement Frauds, including shell companies and pass-through schemes
- Understand payroll and Inventory schemes, with techniques to mitigate these risks.
- Real-world examples to understand the impact of asset misappropriation in an organization
Requirements
- No finance or accounting experience mandatory but recommended
- Previous course (Detecting Financial Statement Fraud) by the author is recommended
Description
According to the 2024 ACFE Report, a staggering 89% of fraud cases feature asset misappropriation in one form or another.
Though the median loss due to Asset Misappropriation is less its prevalence is highest in the occupational fraud domain. The course is designed in bite sized videos with simple english to explain the concepts lucidly even to non english speakers.
The course aims to provide learners with the intricacies of Asset Misappropriation, the most prevalent form of occupational fraud, despite incurring lower financial losses compared to other fraud types.
You will explore both cash-related and non-cash misappropriation schemes, such as
Skimming
Larceny,
Fraudulent disbursement,
Expense reimbursement
Payroll Frauds
Inventory Schemes
Shell Companies, etc..
Real-world examples of the author with questions for practice help has been provided so that learners gain a comprehensive understanding of the topics.
This course is suitable for
- Professionals in finance, accounting, or auditing roles looking to enhance their skills in fraud detection.
- Aspiring Certified Fraud Examiners and individuals interested in forensic accounting.
- Managers and business owners seeking to understand and mitigate the risk of asset misappropriation in their operations.
- Law enforcement officers looking to enhance their knowledge
Enroll now and equip yourself with the knowledge of one of the most prevalent forms of occupational fraud: asset misappropriation fraud!
Who this course is for:
- Professionals in finance, accounting, or auditing roles looking to enhance their skills in fraud detection.
- Aspiring Certified Fraud Examiners (CFE) and individuals interested in forensic accounting.
- CXOs, Managers and business owners seeking to understand and mitigate the risk of asset misappropriation in their operations.
- Law Enforcement officers to enhance their understanding of occupation frauds
Instructor
- 4.5 Instructor Rating
- 472 Reviews
- 2,917 Students
- 5 Courses
I’m a Doctorate in Forensic Accounting from prestigious National Forensic Sciences University India (NFSU), a Certified Fraud Examiner from ACFE-USA, a Chartered Accountant and I practice in the domain of Financial Crime Investigation.
Having more than 15+ years of experience on advising clients on various areas; my exclusive practice is in the domain of Forensic Investigation of Financial Crime and Dispute Resolution, having conducted fraud examination in multiple countries.
We have conducted Investigation on 200+ cases of financial crime and dispute resolution. Appointments in most of the cases is by Law Enforcement Agencies for prosecution.
I have conducted training for senior IAS Officers, IPS Officers, IRS officer, ICLS Officers, Enforcement Directorate, SFIO, EOW, ACB, Local Crime Branch and Police officers of more than 35+ Countries on investigation of Financial Crime.
I’m a Regular trainer at Banks and Conducted Workshops on Forensics for senior Bankers including Directors of State Bank of India.
Conducted workshops on Investigation at Bahrain, Kenya, Sri Lanka, Nepal and Malaysia.
Part of Expert Group for Developing Forensic Accounting and Investigation Standards, Syllabus framing and Faculty for flagship course of ICAI - Forensic Accounting and Fraud Detection and has lectured across length and breadth of India. Conducted workshops for more than 17500+ Chartered Accountants on the topic.
A regular writer and have written papers published in various national and international journals.
Thats all about me… Can’t wait to see you in the courses!