Masterclass on Corporate Fraud, Forensic Accounting and Digital Forensics

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Date and Time:

July 25, 2024 10:00 AM - 5:00 PM

Event Location:

Online, India

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Description

Achromic Point presents a Masterclass on Corporate Fraud, Forensic Accounting and Digital Forensics on 25th July 2024 that will provide auditors, fraud examiners and other financial professionals with a strong foundation of practical knowledge about how common frauds are committed and why it is vital to an organization, large or small to have a fraud prevention plan in place.

Benefits of attending:- 

  • Understanding Whistle-blower hotlines: How to set them up and manage them
  • Fraud Risk Assessment and Recognizing the Red Flags of Internal Fraud
  • About the Investigation Techniques
  • How to establish an Anti- Fraud Culture

 

Who should attend

  • Fraud Examiner
  • Internal Auditors
  • Chief Risk Officers
  • Chief Audit Executives
  • External Auditors
  • CFOs
  • Internal Directors/Managers/ Supervisors/Auditors
  • Risk Managers
  • Assurance professionals
  • Risk & Governance professionals

 

AGENDA:

10.00 AM – 11.30 AM Session 1: Fraud and Regulatory Landscape in India

  • External versus Internal Fraud—short overview (Fraud Matrix) information security theft and fraud
  • Statutory provisions governing fraud
  • Who commits fraud — The Fraud Triangle (Graphic scenario of presence of all three components)
  • Lessons from Fraudsters: (Examples of real-life frauds that can and do affect corporates
11.30 AM – 01.00 PM Session 2: Fraud Risk Management:

  • Whistle-blower hotlines: How to set them up and manage them (detailed discussion of do’s and don’ts). Detailed instruction on best practices and mistakes to avoid
  • Other important fraud detection procedures:
  • Surprise Internal Audit
  • Regular internal audits, incorporating fraud audit testing
  • Physical inspection of inventory
  • Manual review of all vendors (to ensure absence of sham vendors)
  • Establishing an Anti- Fraud Culture
  • Use of AI in Fraud Detection
  • New tool and technologies in Fraud Detection
  • Benchmarking the effectiveness of your anti-financial crime policies and procedures
  • Determining risk appetite for complex but legal structures
  • Developing global collaborative efforts to mitigate risks of fraudulent activities and constraining reputational risks
1.00 PM – 02.00 PM Break
02.00 PM – 03.30 PM Session 3: Financial Statement Fraud:

  • Fundamental of Forensic Accounting
  • Its method
  • Different from Internal Audit/ When to Call in Forensic Accountant/Auditor
  • Forensic accounting/auditing techniques: Data Mining and Analytics (most powerful forensic accounting investigative tool); ratio analysis;
  • Gathering evidence – Document retention, chain of custody, preservation, mistakes to avoid
  • Role of Forensic Auditor in Mitigating and detecting Threads
03.30 PM – 05.00 PM Session 4: Digital Forensic:

  • Cyber Forensics
  • Mitigating Online Threats
  • Digital Evidence Collection
  • How Digital Forensic works
  • Mitigating online threats

 

THOUGHT LEADERS:

  • Ankita Lalchandani
    Associate Director
    Grant Thornton Bharat LLP
  • Shashank Karnad
    Partner and CEO, Forensic Services
    Mahajan & Aibara
  • Amol Pitale
    Managing Director
    Ankura

Register Now:

Delegate Seat Type:

(+) or (-) to increase or decrease delegate numbers Number of Delegates
Per Seat Price 7,000.00
Total Delegates Total

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