Financial Statements Fraud & Investigation of Fraud

23-24 Oct, 2017, Kuala Lumpur

OVERVIEW

The increase in the number of Financial Statements Fraud has received considerable attention since 1980s and more so after the collapse of the ‘giants’ like Enron and WorldCom, and the like. It will continue to be of concern, as misrepresentation, misapplication, misappropriation, misstatement, by the unethical directors and senior management officers are on the rampage.

 

This 2-day course is designed for those who regularly review and evaluate financial statements for economic decision making purposes.

OBJECTIVES

The objectives of the course are to expose the participants to:

  1. Responsibilities Of Directors And Senior Management
  2. Responsibilities Of Internal And External Auditors
  3. Financial Statements Fraudulent Schemes
  4. Red Flags Of Financial Statements Fraud
  5. Procedures To Detect And Prevent Financial Statements Fraud
WHO SHOULD ATTEND

Accountants in Business and Industry, Fraud Examiners, Internal and External Auditors, Audit Committee Members, Business Professionals, Academicians And Educators, And Those Interested In Financial Statements Fraud And Detection.

METHODOLOGY

Power-point presentations, Video presentations, Discussions

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Improving effectiveness of managers and executives in the office
  2. Sharpening salespersons’ competencies to close sales
  3. Increasing effectiveness in office operations and sales encounters
  4. Raising standards of customer service staff
DAY 1
9:00 FINANCIAL STATEMENTS, MINIMUM FINANCIAL & NON-FINANCIAL INFORMATION NEEDS, FINANCIAL REPORTING STANDARDS, MANDATORY, LEGAL REQUIREMENTS
 
10:45 FINANCIAL STATEMENTS FRAUD (Malaysian Listed Companies)
 
1:00 Lunch

2:00

DIRECTORS & MANAGEMENT’S RESPONSIBILITIES

 
 

INTERNAL & EXTERNAL AUDITORS’ RESPONSIBILITIES

 
3:45 IMPROPER REVENUE RECOGNITION & TREATMENT
 
5:00 End of Day 1
DAY 2
9:00 IMPROPER REVENUE RECOGNITION & TREATMENT
 
10:45 IMPROPER DEFERRAL OF COSTS & EXPENSES, IMPROPER RECORDING OF LIABILITIES

1:00 Lunch

2:00 INADEQUATE DISCLOSURES
 
  DETECTING FINANCIAL STATEMENTS FRAUD
 
3:45 Recent Cases of Fraud
 
5:00 End of Course

 

LEARN FROM THE BEST

HARI RAMULU MUNUSAMY is a Business Financial Consultant cum Lecturer, with wide experience in public practice and in financial management & public sector accounting, auditing and taxation educational process, having been in the profession and industry since October 1976.

 

He started his career with Messrs F. H. Eiles & Co., a firm of Chartered Accountants in London as an Audit Assistant in October 1976. Subsequently, he continued his career as an Audit Supervisor with Kuantan in May 1984. In January 1986 he joined Messrs Senthe & Co (a firm of Chartered Accountants in private practice in Petaling Jaya),

 

Messrs Coopers & Lybrand (now known as PricewaterhouseCoopers),as an Audit Manager, till December 2006. Over the years, he gained knowledge, experience, skills and expertise in accounting, auditing and taxation services including tax investigation, forensic accounting and company floatation.

 

Between 1993 and 2006, he had conducted seminars and courses in financial accounting, internal auditing, external auditing, and taxation to practitioners and general public. Notable and worthy of mention are: taxation seminars for Permodalan Nasional Berhad (PNB), auditing for FELDA, forensic accounting for ROYAL CUSTOMS MALAYSIA, and executive accounting and financial statements analysis course for Pahang ADUNs through Yayasan Pahang. He was the unofficial consultant to the State Secretary and Chief Minister of Pahang from 1997 to 2000.

 

He is deemed to be a prolific presenter with excellent commendations from participants. In 2008 he presented several seminars relating to taxation, costing, budgeting, financial statements analysis, accounting standards, preparation of financial statements, and forensic accounting. Professionally, he is a Fellow member of the Association of Chartered Certified Accountants of UK, a Chartered Accountant of the Malaysian Institute of Accountants, an Associate member of the Malaysian Institute of Taxation, a Chartered member of the Institute of Internal Auditors of Malaysia (affiliate of USA), and an Associate member of the Certified Fraud Examiners of USA. His academic qualifications are: Diploma in Accountancy (Newcastle-Upon-Tyne, England), and Master of Business Administration (Accounting) from University of Newcastle, USA.

 

VENUE DETAILS

Parkroyal Kuala Lumpur
Jalan Sultan Ismail, Bukit Bintang,
50250 Kuala Lumpur

Phone :03 2147 0088

 

IPA TRAINING IS REGISTERED WITH

 

CONTACT US

Juliany, 
O - 03 2283 6109,
M - 019 3134436
juliany@ipa.com.my 

Michelle, 
O - 03 2283 6100, 
M - 019 363 7822
michelle@ipa.com.my 

For Customised In-House Training
Yvonne,
O - 03 2283 6101, 
M - 012 2011247,

F - 03 2283 6108
 
yvonne@ipa.com.my
 

ADDRESS 

A-28-5, 28th Floor, 
Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my