Course Details

Fraud is everywhere! History is replete with many high profiles examples.


Virtually every entity suffers from fraud, though management might not know it. With fraud costing entities an estimated 5% of their annual revenues, organizations lacking proactive fraud prevention measures are the most at risk.


Despite the serious risk that fraud presents to business, many organisations still do not have formal systems and procedures in place to prevent, detect and respond to fraud. While no system is completely foolproof, there are steps which can be taken to deter fraud and make it much less attractive to commit.


Focus should always be on prevention since recovering costs from perpetrators of fraud is always a challenging affair.

 

In this session Juan Carlos Venegas covers the following topics:

  • What’s fraud and why people commit fraud
  • How is fraud detected
  • Understanding and identifying “red flags”
  • Tools and techniques used in fraud detection
  • Role of a forensic accountant in fraud prevention and detection – what to look for?
  • The benefits of Fraud Risk Assessment

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CPD Course Speaker

FA Forensics Ltd

Juan Carlos Venegas

Juan Carlos Venegas FAIA is a fellow of the Association of International Accountants and a member of the Expert Witness Institute. He plays an active role in several professional organisations, serving on the Executive Committee and as Treasurer of the Private Prosecutors’ Association and is a member of the Steering Committee of the Midlands Fraud Forum. He also serves on CIOT/ATT Joint Professional Standards Committee.

Juan Carlos is the director of FA Forensics Ltd. He is a public accountant, forensic accountant and UK/Spanish tax advisor. He is a course writer and provides training both within the UK and internationally. He is fluent in English, Spanish and Portuguese.

He delivers forensic accounting services focused on fraud prevention and detection, fraud investigation, litigation support, financial disputes and preparation of expert reports.

And he has also trained the Financial Audit Department of Dubai and the State Audit Institution of Oman in Forensic Audit.