Forensic accounting and fraud detection

Partner: Udemy
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Description: There are several different types of errors in accounting. Accounting errors are usually unintentional mistakes made when recording journal entries.Small accounting errors may not affect the final numbers in financial statements. Or they might cause major distortions in the overall figures. These types of errors require lots of time and resources to find and correct themThe integrity of the information in  accounting system is only as good as the data  entered. This means including an item in the appropriate account, applying the correct description or code for the item, and entering the correct amount. Accounting errors can result from simple mistakes or misunderstanding accounting rules.Fraud detection is a set of activities undertaken to prevent money or property from being obtained through false pretenses. Fraud detection is applied to many industries such as banking or insuranceFraud in audits is when an entity is found to have illegally altered financial statements to manipulate its financial health or to hide profit or losses. It is severely punished since fraud undermines the trust that is the bedrock of the global financial system.Financial statement fraud is the deliberate misrepresentation of the financial condition of an enterprise accomplished through the intentional misstatement or omission of amounts or disclosures in the financial statements to deceive financial statement users.The case studies given in this course would help you to understand the topic betterPlease go through the curriculum thoroughly before purchasing the courseThe following topics are covered in this course:1.Errors of omission2.Errors of commission3.Errors of principle4.Compensating errors5.Self revealing errors6.Non Self revealing errors7.Intentional errors8.Unintentional errors9.Concealed errors10.Unconcealed errors11.Errors affecting tria
Category: Finance & Accounting > Accounting & Bookkeeping > Forensic Accounting
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Price: 19.99
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Source: Impact
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