This message is sent to you by Accounting Newswatch

Using Ratios For Fraud Detection In Corporate Revenue Accounts

Wednesday, 03 October 2018  10:00 AM PDT, 01:00 PM EDT

Training Duration = 60 min                  Sponsored by Online Compliance Panel

Click Here to register $200.00

Click Here to register and receive CD recording $400.00

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

Learning Objectives:

  • 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

Why Should You Attend:

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.

Instructor

Mike Morley is a Certified Public Accountant, business author Mike Morley is an entertaining and informative speaker and a recognized authority in the field of finance. Mike offers various training programs, such as IFRS, SOX, and Financial Statement Analysis, as well as Management Skills topics that focus on providing continuing education opportunities for finance and accounting professionals.

Many Fortune 500 companies take advantage of his training programs to bring their staff up to speed so that everyone understands what their responsibilities are.

Mike is the author of several books, including:
"IFRS Simplified", which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.

"Sarbanes-Oxley Simplified," which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.

"Financial Statement Analysis Simplified" which translates the accounting language of financial statements into clear, easy-to-understand terms that anyone who needs to make well-informed financial decisions quickly will appreciate.