Financial Statement Fraud

Course Overview

Financial Statement Fraud (FSF) is becoming increasingly difficult to detect, driven by complex accounting requirements, pressure to meet financial targets, management override of controls, and growing volumes of financial and operational data. Traditional controls alone may not reveal sophisticated manipulation. Finance, audit, risk, and compliance professionals must therefore combine professional scepticism with robust financial analysis, data analytics, and investigative skills.

Benefits Of Attending

• Assess financial statement fraud risks and identify vulnerable accounts and assertions
• Identify manipulation of revenue, expenses, assets, liabilities, estimates, and disclosures
• Analyse financial and non-financial data to detect fraud red flags and unusual patterns
• Apply financial ratios, Benford’s Law, and the Beneish M-Score to identify fraud indicators
  
  

Why This Course Is for You

Controls alone may not uncover increasingly sophisticated financial statement fraud. This practical programme helps you recognise manipulation, investigate warning signs, and turn financial and data anomalies into evidence-based conclusions.

• Examine real-world fraud cases to understand how major financial statement manipulations occur and are detected
• Apply hands-on fraud analytics using financial ratios, Benford’s Law, the Beneish M-Score, and journal entry testing

Who Should Attend

This course is designed for professionals responsible for financial reporting, assurance, fraud risk, and governance who need practical skills to detect, analyse, and investigate financial statement fraud.

• Finance Managers
• Chief Financial Officers and Finance Directors
• Internal Audit Managers and Internal Auditors
• Fraud Investigators and Forensic Accounting Professionals

Certification Requirements

You must meet two criteria to be eligible for an Informa Connect Academy Certificate of Completion:

• Satisfactory attendance: You must attend all sessions of the course. If, for any reason, you miss more than 2 hours of the course sessions, you will not be eligible to sit the course assessment
• Successful completion of the course assessment: Assessments will be ongoing and based on in-class participation and activities

If you do not meet these criteria, you will receive an Informa Connect Academy Certificate of Attendance. If you have not attended all of the course, the Certificate will clearly state the number of hours you attended.

Practical Tools

Participants would leave the programme with a reusable Financial Statement Fraud Investigator Toolkit, including:

• FSF Risk Assessment Template
• Fraud Risk Heat Map
• Fraud Scheme and Assertion Matrix
• Financial Statement Red Flag Checklist
• Financial Statement Analytics Workbook

Delivered by Dr. Arif / Prof. Veena

Our trainers, Dr. Arif and Prof. Veena, possess extensive experience in designing and delivering training sessions and consulting assignments across diverse industry verticals and global regions.

Run this course in-house

Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement