Given the current state of the economy and recent corporate scandals, fraud is still a top concern for corporate executives. In fact, the sweeping regulations of Sarbanes- Oxley, designed to help prevent and detect corporate fraud, have exposed fraudulent practices that previously may have gone undetected. Additionally, more corporate executives are paying fines and have the potential of serving prison time than ever before. No industry is immune to fraudulent situations and the negative publicity that swirls around them.
The implications for management are clear: Every business is vulnerable to fraud, and managers must know how to detect it — or at least when to suspect it.
Today, 80% of enterprise data is unstructured in nature (text-based sources including documents, presentations, email, etc.), yet most of today’s automated, anti-fraud detection tools and audit techniques focus on the other 20%. So are you prepared in detecting fraud?
Join us on the 16th September to hear how you can detecting financial statement fraud - What every manager needs to know
Friday 16th September 2011 at 08.30 to 11.00 Clarion IFSC Hotel