Financial Statement Fraud and Identifying Red Flags

Overview:

This AML compliance webinar will look at the use of financial statements as a tool to commit fraud upon the financial sector and investors and common tricks used by fraudsters, as well as identifying “red flags” for potential problems.

Why Should You Attend:

Many companies have started addressing financial statement fraud due to the financial losses suffered and collapse of their well established brand identity. This webinar will discuss some of the ways in which one relying on such financial information may take steps to prevent falling victim to fraud.

Areas Covered in this Webinar:

• Financial Statement Fraud – what is it and some examples of its use
• Often-used tricks to commit fraud in financial statements
• How to verify financial statement information
• Red flags -how to identify potential fraudulent information
• What to do when potential fraud is found or identified
• How to confront a person or company providing fraudulent information
• Developing a policy to verify fraud and risk management techniques
• Some recent notable cases involving financial statement fraud

Learning Objectives:

• Understand the components and red flags of fraud
• Management’s responsibility in fraud prevention
• Practical approach that can be applied

Who Will Benefit:

• Banks and other financial institutions
• Credit Unions
• Financing companies
• Risk Managers
• Securities Dealers
• AML Compliance Officers
• Heads/Directors of AML Compliance
• Anti-Money Laundering Investigator
• CCOs (Chief Compliance Officers)
• MLROs, (Money Laundering Reporting Officers)

Email: [email protected] 
Toll Free: +1-844-746-4244
Tel: +1-516-900-5515
Speaker Profile:

Kenneth Barden is a an attorney and an expert in financial integrity and compliance. For many years, Ken has been an independent consultant for several international development projects, including ones funded by USAID, the MCC, World Bank, UN, Asian Development Bank and others. Ken served as Team Leader for the USAID-administered MCC Threshold Indonesia Control of Corruption Project in Indonesia, working on anticorruption and judicial reform. Immediately prior to joining USAID, Ken was with the USAID Modernizing Financial Institutions project in the West Bank, where he led implementation of anti-money laundering and anticorruption activities.

Ken's experience includes work in Eastern Europe, Central and Southeastern Asia, Oceania, the Middle East and Africa. He also has over 15 years of experience in municipal government. Ken holds a Juris Doctor from Indiana University, and a Bachelor’s degree in Political Science from University of Indianapolis, as well as post-graduate work in Disaster Management from the University of Wisconsin and in International Humanitarian Law from the National Academy of Legal Studies and Research (NALSAR), in Hyderabad, India.

Others Details

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