Online Training 2015 - Best Practices - Using Ratios for Fraud Detection in Corporate Revenue Accounts. - By Compliance Global Inc

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 recognition policies and procedures are being followed.
Why Should You Attend:
This session will provide you with an overview of some of the best practices in corporate revenue account review used today.
Areas Covered in the Session:
? Simplifying revenue policies and procedures
? Reviewing the pros and cons of random audits
? Avoiding the month-end close review crunch
? Using online account 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 prevention
? Formulating internal audit reports
? 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
? Financial Managers
? Financial Controllers
? Company Executives
? Anyone involved in the GAAP-IFRS transition process
Level:
Beginner
For more detail please click on this below link:
https://www.complianceglobal.us/product/700087
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