Training Objectives 

By the end of the programme, participants will be able to: 

• Learn about main accounting concepts. 
• Understand the types of financial statements. 
• Learn about accounting principles and standards. 
• Analyse and recognize financial statement fraud. 
• Recognize various types of fraud schemes.

Training Outline 

Accounting Concepts  

• Accounts and the Accounting Cycle  
• Journal Entries  
• Accounting Methods 

Financial Statements 

• Balance Sheet  
• Income Statement  
• Statement of Changes in Owners’ Equity  
• Statement of Cash Flows 
• Users of Financial Statements 

Generally Accepted Accounting Principles (GAAP) 

• U.S. GAAP 
• International Financial Reporting Standards 
• Departures from Generally Accepted Accounting Principles 

Occupational Fraud Schemes 

• Cash Receipts Schemes 
• Corruption 
• Financial Statement Fraud 
• Fraudulent Disbursements 
• Inventory and other assets 

Other Fraud Schemes 

• Consumer Fraud 
• Contract and Procurement Fraud 
• Cyberfraud 
• Financial Institution Fraud 
• Health Care Fraud 
• Identity Theft 
• Insurance Fraud 
• Payment Fraud 
• Theft of Data and Intellectual Property 

Who Should Attend 

• People charged with governacne of institutions 
• CFOs 
• Risk officers 
• Compliance Officers 
• Accounting and financial professionals 
• Internal and external auditors of both public and private sectors 
• Business owners 
• Professionals in banks and other financial institutions 
• Lawyers 
• Fraud officers 

Training Style 

The programme is designed to assist participants to recognize the main types of fraud and also prepare for the CFE examination (View the Full CFE Exam Preparation Course). It will provide the participants with the appropriate skills and enable them to identify fraud in financial transactions and be able to recognize different fraud schemes in their everyday work. 

CPD Recognition

This programme may be approved for up to 16 CPD units in Financial Regulation and AML. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

This training course may be approved as an external activity under the new ACAMS recertification category ”non-ACAMS credits” for up to 16 CPD units. Eligibility criteria and CPD Units are verified directly by the Association of Anti-Money Laundering Specialists (ACAMS). To read more about the non-ACAMS credits policies and eligibility criteria please click here.

In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.