This course combines forensic accounting with fraud investigation and explains to the participants the nature of financial fraud, how to detect fraudulent activities, and most importantly how to investigate any type of financial fraud. The training focuses on audit techniques, fraud detection techniques, accounting and law, practically auditing and investigation of frauds, collection of evidence/documentation which can stand the test of legal scrutiny and write factual reports.
Delegates will learn by active participation during the programme through the use of exercises, case studies, practical workshops and group discussions. It is power-packed with case studies designed to give delegates a clear idea of real-world frauds and how investigative techniques can be deployed to nail the fraudsters and determine the extent and exact nature of the fraud.
This one day workshop will focus on Forensic accounting, Due Diligence and Fraud investigation at different stages of investment of Private Equity and M&A deals. We will try to highlight different Corporate Frauds, Forensic Tools and methods to identify frauds through case studies. We will also conduct fraud risk assessment and discuss the fraud prevention mechanism.
Why you should attend?
Financial frauds are the number one cause that victimize many Corporate and Private Equity investors. They lead to failed deals, significant loss of shareholders’ value due to parallel businesses and diversion of funds, and protracted litigations. At the end of this session the delegates will:
Who Should Attend?
This programme is aimed at Finance and Accounting Heads of Corporate and also Professionals of Private Equity and M&A for whom the prevention and detection of fraud is a major issue.
1. Overview of financial frauds and forensic audits for the PE/VC personnel
a. Case study – typical corporate frauds
b. Nature of corporate fraud
c. Statistics on corporate fraud
d. Modus-operandi
2. Pre-transaction considerations:
a. Anti-bribery and corruption due diligence (e.g., FCPA, UKBA, etc.)
b. Forensic as a tool to verify line items affecting the investee’s valuation
c. Transaction documentation – key terms to prevent investors rights
d. Case studies from real life
e. Open discussion of best practices from industry participants
3. Post-transaction considerations:
a. Key fraud risks, including diversion of funds, fraudulent financial reporting, under-reporting earnings, etc.
b. Monitoring/ end-use of investor funds
c. Fraud risk assessment and fraud prevention mechanism
d. Case studies
e. Being on the Board of directors on investee companies
f. Best practices from the industry participants
4. Corporate internal investigations:
a. Crisis management
b. Investigations – confidential, credible, thorough and reliable
c. Regulatory reporting and consequence management
5. Exit process including M&A disputes, arbitrations and litigation
VCC Events opens up the avenues for participation. Join hands to be a part of India’s largest gathering of alternative investments leaders, industry stakeholders and Asia’s influential limited partners, general partners and marquee advisors. Your chance to actively participate and augment yourself as thought leaders.
Mumbai
Vivanta by Taj – President
90, GD Somani Road, Cuffe Parade
Mumbai -400005
Drop us a line and we will call you.