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Forensic Accounting & Analysis
Overview
This intensive one-day course on Forensic Accounting and Analysis, focuses on equipping professionals with the knowledge to identify financial manipulation within companies. Through comprehensive case studies and real-world examples, participants gain practical insights into repeated manipulation tactics, spanning earnings and cash flow adjustments. The course targets common manipulation strategies, guiding attendees on detecting overlooked high-impact financial misstatements in consolidated reports and disclosures.
Participants will explore recent and classic cases of financial irregularities, from premature revenue recognition and cash flow misclassification to expense deferral and artificial earnings smoothing. The course empowers attendees to approach financial reports with a forensic lens, recognizing the subtleties of earnings and cash flow manipulation to improve investment and lending decisions.
Learning Objectives
Identify common earnings and cash-flow manipulation techniques and understand how they affect reported performance.
Analyse the relationship between earnings, EBITDA and cash flow to identify inconsistencies and potential red flags.
Challenge reported profitability by examining one-off items, adjustments, reserves, working capital and accounting classifications.
Detect cash-flow manipulation, including factoring, reverse factoring, financing reclassification and capitalisation of operating costs.
Recognise high-impact oversights that can be missed in consolidated financial statements and public disclosures.
Apply forensic analysis to investment, lending, M&A and restructuring decisions.
Who the course is for
Investors and analysts – equity and credit; public and private
Bank loan officers
M&A advisors
Restructuring advisors
Auditors
