Using Ratios for Fraud Detection in Corporate Revenue Accounts

Overview:

Revenue is one area that is particularly susceptible to fraud because its manipulation can make a company appear to be an attractive investment target and result in fabulous bonuses paid out to its executives. Accountants and internal auditors play an important role in preventing revenue manipulation by ensuring that proper revenue policies and procedures are being followed.

Why Should You Attend:

This bank fraud prevention training will provide you with an overview of some of the best practices in corporate revenue account review used today.

Areas Covered in this Webinar:

• Simplifying revenue policies and procedures
• Reviewing the pros and cons of random audits
• Avoiding the month-end close review crunch
• Using online management reporting systems
• Examining best practices in revenue allocation and deferral
• Making the best use of rolling revenue forecasts
• Centralizing your revenue account review function
• Establishing internal controls for fraud detection
• Formulating internal audits
• Inserting fair value into the revenue recognition cycle
• Understanding timeliness of revenue recognition issues
• Discussing revenue data collection and analysis best practices

Learning Objectives:

Understand, establish, and maintain best practices to review and audit Corporate Revenue Accounts.

Who Will Benefit:

• Accountants
• Audit managers
• Financial Managers
• Financial Controllers
• Company Executives

Email: [email protected]
Toll Free: +1-844-746-4244
Tel: +1-516-900-5515
Fax: +1-516-900-5510

Speaker Profile:
Mike Morley, a Certified Public Accountant, is the author of "IFRS Simplified". Mike is a recognized authority in the field of finance and helps guide companies through the IFRS compliance process. An entertaining and informative speaker, Mike is a frequent guest on television and radio.

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