Professional Certificate in Forensic Accounting

Corporate fraud is on the rise. Companies today do not just face risks from internal fraud but also from external criminals who are technologically savvy. The important role Forensic Accounting plays in minimising financial losses through fraud is fast gaining ground. Centre for Behavioral Science presents a one-day seminar to provide you with practical advice on how to "look behind the numbers" and examine financial discrepancies and fraud. Discover why some numbers do not add up. Mitigate this serious risk by learning the latest strategies that can be adapted to your company. This event will also cover essential legislation, challenges and how to structure your business processes to minimise the risks whilst maintaining operational efficiency.

Detail

Date:
Duration: 2, day(s)
9:00AM - 5:00PM
Fee: $1,280.00
Venue: Concorde Hotel Function Room (f.k.a Le Meridien Hotel) Orchard Road

Fees are subjected to prevailing GST of 7%

For more information, please contact JobsDB Learning at 65788111 or email to learning@jobsdb.com.sg

Payment must be made before the commencement of the workshop. No cancellation is allowed 7 days prior to workshop

Outline

Nature and types of fraud
The profile of a fraudster
The Fraud Triangle
Fraud prevention
Fraud detection
Fraud investigation
Video case studies
Planning the forensic interview
Legal action
Symptoms of fraud, creative accounting and red flags
The fraud report and exhibits
What is forensic accounting and litigation support
The role of a forensic accountant
Areas in which a forensic accountant can assist
Reference sources

Facilitators

Mr. WAYNE SOO
Certified Public Accountant

CPA Singapore, CA (Malaysia), FCCA (UK), FCMA (UK), PNA (Australia)
MSID, MBA (Manchester), Certified Fraud Examiner (CFE) USA
Certified Management Consultant (CMC) Singapore

Professional, Commercial and Consulting Background

Wayne Soo gained his more than 16 years of auditing, accounting, management and financial experience initially with a Top 4 public accounting firm (both in Malaysia and Singapore). He subsequently held various middle and senior management positions in industry and commerce before establishing his own audit and insolvency firm which is on the audit panel of the National Council of Social Service (NCSS) and the Ministry of Community Development, Youth and Sports (MCYS).

To date, Wayne has been intimately involved in providing assurance, tax and advisory services to clients in industries such as charities and institutes of public character (IPC), IT start-ups, E-commerce projects, retail and general trading, aerospace and aviation, engineering, property development, hotels and resorts, leisure and entertainment, palm oil plantations, food and drinks manufacturing, power generation, leasing and financing, pharmaceutical corporations; to name but a few.

Since 2000, Wayne has also set up a company that provides financial management consultancy and business advisory services and training to small and medium-sized (SME) enterprises and organizations.

Seminars, Workshops and Speaking Engagements

Wayne has successfully structured workshop materials and facilitated in-house and public training courses on financial, strategic planning, balanced scorecard, performance measurement and general management topics in Singapore, Australia, Indonesia, Malaysia and Vietnam.

Wayne's workshop style is one of facilitation. This includes classroom discussion and sharing of pertinent knowledge, case study analysis and hands-on exercises. Written assignments, group projects and mock exams will also be arranged where relevant.

Since 2001, Wayne has been an adjunct lecturer and tutor with a number of private schools for the ACCA and CIMA professional accountancy qualification, specializing in auditing, internal controls, corporate governance, strategic business planning, management accounting and general management topics. Wayne has spoken at a number of discussion forums relating to the above areas.

Wayne's core competencies in seminars, workshops and academia include the following subjects:

Advanced Financial Statement Analysis
Business Strategy
Corporate Evaluations
Cost and Management Accounting
Financial Accounting
International Accounting Standards and Practice
Mergers and Acquisitions
Strategic Cost Management

Publications in Professional Journals

HRM topics have been regularly published in professional journals such as

Global Partner, the official magazine of The Chartered Institute of Management Accountants (CIMA), Singapore
Human Capital, the official magazine of The Singapore Human Resources Institute (SHRI)
The Singapore Accountant, the official magazine of The Institute of Certified Public Accountants (ICPAS)
HRM, a commercial publication headquartered in Australia

Wayne is the co-author of "SME Guidebook: Financial & Management Accounting for Business", which was jointly published by CIMA and Centre for Innovation and Entrepreneurship (CIE).

Contributions to Institutions and Associations

Wayne is actively involved in a number of institutions and associations and their activities:

Founding and Past President of The Manchester Business School Alumni (Singapore Chapter), 2003-2005
President of The Manchester Business School Alumni (Singapore Chapter), 2009-2011
Vice President, Chartered Institute of Management Accountants (CIMA) Singapore Branch, 2008-2011
Honorary Treasurer of the Institute of Management Consultants (IMC) Singapore, 2008-2011
Mentor for participants in the NUS Business Plan Competition, 2004 to date
Mentor for participants in the NTU Business Plan Competition, 2006 to date

Professional Qualifications

Wayne holds 5 professional accounting qualifications and is a member of national accounting bodies in Singapore, Malaysia, UK and Australia.

He also holds an MBA awarded by the Manchester Business School, UK. His current area of research interest is the management effectiveness and profitability of SME and MNC operations.

Wayne is listed in The International Who's Who of Professionals directory in 2001 and is a Certified Management Consultant and Council Member of the Institute of Management Consultants (IMC), Singapore. He is also a full member of the Singapore Institute of Directors (SID) and the Association of Certified Fraud Examiners (ACFE) USA.

Who Should Attend

This seminar is for those who would like to have a general understanding of forensic accounting and what they can do to help detect, control and prevent corporate fraud in their organisations. This is not a train-the-trainer seminar. Past participants have included CEOs & MDs, CFOs & VPs of Finance, Treasurers and Controllers, Company Directors, General Managers, In-house legal counsel, internal and external auditors, senior & mid-level accounting and finance professionals, human resource managers and operational staffs.

Objectives

Practical Insights: Gain practical insights in forensic detection and prevention.
Set Up Robust Internal Controls: Be better equipped to design internal controls to ensure compliance with regulations.
Minimise Possibility of Financial Losses: Learn how to detect fraud early to minimise the possibility of financial loss.
Workshop handouts comprise of:

Slide presentation notes
Sharing of checklists, techniques and flowcharts
Practical problems and case studies for participants to resolve, discuss and for additional reading
E-books on:
Managing the business risk of fraud: a practical guide
Fraud risk management: a guide to good practice
Effective interviewing and interrogation techniques
Tracing stolen assets: a practitioner's handbook
Other miscellaneous and complementary handouts

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