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Program Specific Job Process Performance, Reviewing Ai Outputs, Trainer of Ai Systems, Interrogating Ai Systems, and Possibly Transforming into a 20 year Experienced Inter-Discipline Domain Expert. Programs Updated to Leverage the Best of Digital Transformation, Data Analytics and Artificial Intelligence Ai.
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FIN990-2D
2 Week Job Process Performance & Productivity Skills Training

Effective Auditing to Identify Creative Accounting

Building Hands-on Skills & Competencies in

  1. Identifying and addressing borderline accounting practices that could mislead stakeholders.
  2. Minimizing the risk of legal and reputational damage from aggressive accounting practices.
  3. Building internal competency for detecting and preventing misrepresentation or fraud.
  4. Cultivating a culture of ethical financial management and compliance with accounting standards.
www.eurotraining.com/bro/fin990-2.php

2 Week Job Process Good & Best Practices Training

Kualalumpur
20-31 Jan 2025
Dubai
3-14 Feb 2025
London
17-28 Feb 2025
New York
2-13 March 2025
Seattle, USA
16-27 March 2025
Istanbul
30 March-10 April 2025
New York
13-24 April 2025
Dubai
27 April-8 May 2025
Kualalumpur
11-22 May 2025
London
25 May-5 June 2025


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What is covered in this Program?

  1. Equip participants with knowledge of creative accounting practices and their impact on financial reports.
  2. Teach processes for identifying aggressive or borderline illegal accounting methods.
  3. Develop skills for auditing and detecting misrepresentation and fraudulent financial reporting.
  4. Provide tools to ensure compliance with GAAP and its ethical spirit.
  5. Build competencies to design and implement preventive measures against aggressive accounting.
  6. Train participants to leverage data analytics and AI for uncovering accounting irregularities.

Who Should Attend?

  1. This Program is intended for Accounting, Finance and Audit Professionals and Managers. This Work Process Skills program is also essential training for Professionals participating in Accounting and Finance Data Analytics and Artificial Intelligence Products and Systems.
  2. This Job Process Competency program will also be useful for Merger & Acquisition Professionals, Auditors, Investment Decision Makers, Management Processes Analysts, Vendor Prequalification Analysts, Investment Advisors, Government Auditors. This Job Process Competency program will also be very useful for IT Professionals developing and Improving Accounting and Finance Products and Systems.

Program Content

Processes & Modules

Effective Auditing to Identify Creative Accounting


  1. Overview of Creative Accounting and Aggressive Practices.
  2. Historical cases: Enron, Global Crossing, and lessons learned.
  3. Difference between legal tax planning and misleading financial reporting.
  4. Understanding the spirit versus the letter of GAAP.
  5. Strategy Processes
  6. Establishing corporate policies against creative and aggressive accounting.
  7. Setting ethical financial reporting standards and organizational goals.
  8. Planning Processes
  9. Designing comprehensive auditing frameworks to identify accounting irregularities.
  10. Integrating fraud risk assessments into financial planning.
  11. Allocating resources to high-risk areas prone to creative accounting.
  12. Operational Processes
  13. Identifying red flags in financial statements (e.g., unusual revenue recognition practices, deferred expenses).
  14. Analyzing accounting techniques like earnings management and income leveling.
  15. Ensuring proper classification of expenses and revenues.
  16. Performance Evaluation Processes
  17. Conducting routine audits and peer reviews of financial reports.
  18. Benchmarking financial metrics against industry standards.
  19. Data Analytics Processes
  20. Using AI and data analytics tools to detect anomalies and patterns in financial data.
  21. Employing predictive models to identify high-risk accounting entries.
  22. Risk Management Processes
  23. Implementing controls to prevent misrepresentation in financial reporting.
  24. Developing contingency plans for scenarios involving audit findings.
  25. Quality Assurance Processes
  26. Regularly reviewing compliance with GAAP and ethical guidelines.
  27. Ensuring accuracy and reliability in financial reports.
  28. Contingency Management Processes
  29. Handling cases of identified misrepresentation or fraud with legal and reputational safeguards.
  30. Establishing protocols for communicating audit findings to stakeholders.
  31. Improvement and Lessons Learned Processes
  32. Documenting insights from past audits to refine processes.
  33. Continuous training for accounting and audit teams.
  34. Building Process Knowledge and Updating SOPs
  35. Keeping standard operating procedures updated with the latest accounting regulations.
  36. Educating teams on changes in GAAP and related standards.
  37. Reporting Processes
  38. Preparing clear, transparent, and comprehensive audit reports.
  39. Communicating findings to management, auditors, and regulators effectively.
  40. AI Leveraging Processes
  41. Using AI for automated checks and anomaly detection in large datasets.
  42. Deploying machine learning algorithms to identify patterns of earnings manipulation.
  43. Human Resource Development Processes
  44. Training accounting professionals on ethical practices and forensic accounting.
  45. Providing workshops on detecting and preventing creative accounting practices.
  46. Use Cases Auditing to Identify Creative Accounting

2 Week Job Process Skills Training

Outcomes & Takeaways

Job Process Good & Best Practices Workshop Outcomes and Takeaways
  1. The Work Process Approach to Learning is a methodology that emphasizes learning through understanding the actual work processes.
  2. A work process refers to a set of activities or tasks that are carried out to achieve a specific outcome or result. These processes can be core to the business, such as manufacturing, service delivery, or customer support, or they can be supportive, like HR processes, IT services, or administrative workflows.
  3. The Goal is to closely align training content and methods with the specific processes, tasks, and challenges found in that domain real-world work environments.
  4. What the training achieves is building skills and competencies essential for actual work processes performance. Enabling quick and seamlessly understanding how to perform their processes effectively, efficiently and avoiding the usual mistakes and risks.
This 2 Week Training Workshop participant will typically take away...
  1. Program related Process knowhow, skills, competencies and process knowledge to perform the job work processes
  2. Training that will empower the participant to identify, support and implement work process improvements in his unit, team, section, department, and organization.

Benefits to the Organization Sponsoring Participants to this program

(Benefits made possible by Euro Training's above mentioned Planned Outcomes and Takeaways)

  • This Euro Training programs is different. It develops practical Job Process Skills.

    Benefits you may see in participant post program behavior...
    • Inclination to Recognize his Processes Customers and Stakeholders, and their Needs & Expectations.
    • Higher level of Relevant Multi-discipline Job Process Skills
    • Taking Initiative to Propose and help implement Process Improvements in his Work Responsibility Area.
  • How your Participant will Change after attending the program?...
    • Increased Work Process Performance Knowledge
    • Awareness to the Need to align process performance to the Needs and Expectations of Stakeholders and Customers (internal & external)
    • Awareness of the Need to Align Process Performance to Organizational Operational and Strategic Objectives.
    • Implement Good Management Practices during Process Performance, and, Gain Awareness to meet Requirements and Recommendations of the any Applicable Industry and Professional Standards.
    • Skill Sets for possible implementation the Program Discussed Action Plan for Process Improvements.
  • Type of improvements the participant will be trained to analyze and implement include (as relevant)

          (a) Productivity Improvements

          (b) Product and Service Differentiation

          (c) Exceeding Stakeholder & Customer Expectations.
  • Euro Training Instructors often act as mentors for participants (solely subject to instructor approval). Your participants can utilize this free service to ensure effective post program reinforcement and help when apply the ideas and skills acquired during the training.

Participant Individual Career Benefits
Job Satisfaction & Advancement

  1. First, and most important benefit, is the positive self-esteem that will come from being able to do your work processes right first time and meet internal and external customer expectations.
  2. Second, the Program developed Job Process Understanding & Skills will help participant successfully present his professional skills at Job Interviews and Internal Performance Evaluation Reviews.
  3. Participant gains clear direction and insight for analyzing, proposing and implementing improvements in his work processes.
  4. Post program when you take decisions related to your work processes you will automatically consider Multi-discipline aspects     (as applicable):

    Internal & External Customer Needs and Expectations, Technology Options, Data Analytics and Artificial Intelligence Opportunities, Helpful Tools and Methods, Consider Risks, Mitigate Risks, Take Actions that Increase Productivity, Consider Legal & Contractual Aspects, Consider Intellectual Property Aspects, Pay attention to Safety and Security, Consider future Audit, Weigh Cost Benefit between options, Be Mindful of Key Performance Indicators (KPIs), Consider how Performance will be evaluated, and, Consider need for and Opportunity to Develop a Decision Support Knowledge Base, .... (and, possibly more aspects).

Registration Form

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Registration & Fee Information (2 Week Workshops)

  1. Fee information is also available at:   PROGRAM-FEE-PAGE   Special Discounts May be Available Please email scholarships@eurotraining.com.
  2. To register please send us an official letter confirming registration (on organizational letterhead), or, send us a completed registration form above. GET MSWORD REGISTRATION FORM .
  3. Fees are Payable by Bank Transfer or Bank Draft.
    • 2 week (60 hrs) Training Workshop:
      Classroom Training at Dubai, Kuwait, New Delhi, Qatar £6,990 (USD $8,900) per participant.
      Classroom Training at London, US Locations, Europe, Malaysia, Singapore £7,689 (USD $9,790) per participant.
      Online eTraining Fee £3,500 (USD $4,375) per participant.
    Fee includes Course Materials, Certificate, Refreshments and Lunch (classroom programs).
  4. Accommodation is not included in Program fee. Special rates may be available at venue hotel for participants.
  5. A Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
  6. Cancellation & Date Change: No Fee Refund if participant cancels his registration less than 3 weeks before start of the program. Alternate nominations may be allowed if requested atleast 2 weeks before program start. In case of exceptional hardship or emergency participant may be allowed to attend same program at another location or date on payment of 10% of fee.
  7. All participants are required to fill in Participant Information Form and Program Related Questionnaire - on first day of the program.
  8. Each program Undergoes Customization to Better Meet Participant Present and Future Job and Career Needs. Please be prepared to let the Instructor/s know about your organization's Special Needs, Interests or Initiatives.
  9. It is always useful for participants to bring their existing problems or case studies, work-process flow charts or job related problems for discussion - consideration will be at sole discretion of the program director/s.
  10. Provisional Registration : You can make a provisional registration request by sending us an email using an official email account. Provisionsl registration request, when confirmed by Euro Training, will reserve a seat for you for 14 days. After our Confirmation you have 2 weeks to send us an official registration request. Provisional registration is automatically cancelled at the earlier of (1) 2 weeks after Provisional Registration Confirmation if registration is not reconfirmed from your side (2) Two weeks before start of the program. We do request you to inform us ASAP you have decided either way.

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