Forensic
Accounting Academy™ Program Sponsor: Financial Forensics Academy
Program
Content
Contributing to the war against financial crime.
Your clients’ expectations reach beyond your core expertise whether auditing, tax, valuation, or litigation. Such expectations are no surprise since forensic accounting is now a household term.
Thanks to extensive media coverage of several high profile corporate collapses and showcasing of forensic accounting specialists the public “thinks” that all CPAs have such expertise. Consequently, the public, i.e., your clients “think” that you deliver professional services from a foundation of forensic accounting.
The accounting profession has reinforced such perceptions despite failing to provide guidance. Specifically, virtually every accounting periodical devotes space to forensic accounting and related subjects. Further, all CPE providers offer various courses on the subject or some derivative. Finally, accounting graduates are increasingly attracted to firms offering such services.
Paradoxically, the accounting profession has yet to embrace (or even offer) a cogent, comprehensive, forensic accounting methodology by which accountants can guide and refine their forensic accounting craft. Likewise, defending one’s core expertise continues to be more challenging without independently codified benchmarks within a “body of knowledge.”
However, this program changes it all . . . this intensive five-day
program is the only program of its kind in the United States.
It takes participants from concept to detail and delivers specific
forensic accounting tools and techniques that are immediately
applicable to virtually all aspects of the accounting profession. The techniques are applicable to auditing, tax, valuation, litigation, and fraud and virtually every aspect of CPA services. By contrast, other
programs purporting to provide training are too narrowly focused,
e.g., fraud, or cover only concepts and lack real-life methods.
Details
Why You Should Attend
There are seven reasons why you
should devote the time and money to attend
this session:
• First, your core responsibilities (law enforcement, audit, prosecution,
tax, et al.) will be enhanced by the 200–300+ tools and techniques
taught during the class
• Second, your ancillary responsibility areas will be enhanced by the
200–300+ tools and techniques taught during the class
• Third, you will enhance your technical capabilities as
logical extensions of your expertise
• Fourth, you will possess a framework to train staff and
leverage your knowledge
• Fifth, you will receive actual report excerpts for future application
• Sixth, you will receive actual trial exhibits for future applications
• Seventh, you will be a part of redefining forensic accounting and
financial forensics.
Learning Objectives
This session is different from any other (alleged) forensic accounting session that you have ever read about or attended. Specifically, it
delivers 200–300+ practical, realistic, and immediately useable forensic accounting tools and techniques that you can apply in all aspects of your practice. Participants will gain two distinctive skill sets:
Second, training in the “Top 30” specific tools and techniques
to use in forensic accounting and related assignments, e.g.,
Full-and-False Inclusion, Genogram, Entity(s) Charts, Timeline
Analysis, Link Analysis, Item Listing, (Modified) Net Worth
Method, Source and Use of Cash Method, Proof-of-Cash
Method, Digital Analysis (e.g., Benford’s), CAGR, ANOVA,
Gap Analysis, AQI, TATA/TARTA, et al.
Also addressed will be: Attest (audit, review, compilation),
Credit Assessment,
Fraud (employee, financial statement misrepresentation,
corruption),
Internal Audit (operational and financial), Investing, Law
Enforcement,
Lending, Litigation/Damages including (partial listing: Alter
Ego, Audit/
Review/Compilation, Bankruptcy, Damages, Due Diligence,
Fraud–Civil
and Criminal, Fraudulent Transfer/Conveyance, Insurance Loss,
Intellectual
Property, Lost Profits, Marital Dissolution, Shareholder
Disputes, Solvency/
Insolvency, Tax Returns, Valuation Focusing on Normalizations,
Management
Effectiveness, Guidelines), Performance Auditing, Portfolio
Analysis,
Portfolio, Taxation (compliance and planning), Valuation (fair
value, fair
market value)
Day 1—Our Forensic Accounting Legacy—Context and Rationale: Differentiate and
Demonstrate Forensic Accounting Mind Set
Day 4—Introductory and Intermediate
Techniques: Executing Critical Forensic
Techniques
Statistical Analysis including:
Central Limit Theorem, Law of Large
Numbers, Gaussian Distribution/Randomness, Hypothesis Testing,
the Law
of Errors, Variance Measurements, Probabilities, Bayesian
Theory, Gott’s
Principle, Pascal’s Triangle, Isomorphisms, and Sampling; Begin
Written
Report including: “Results Visualization/WPN, Report Card”
Concept—
Indicia; Badges, et al.; Empirical Forensic Tests including:
Accrual Delta,
AQI, Ball and Brown, Beniesh, CRO, Dechow-Dichev, Lev-Thiagarajan,
LI,
SGAI, TATA/CATA/TARTA/TITA/TDTA/TLTA/TCLTA, et al.
Day 5—Matter-Specific Application—Specific Case Application
Specific case examples will be
applied to the following subjects: Alter Ego;
Audits, Reviews, Compilations; Bankruptcy; Damages; Due
Diligence;
Fraud—Civil and Criminal; Fraudulent Transfer/Conveyance;
Insurance
Loss; Intangible Assets; Intellectual Property; Litigation; Lost
Profits; Marital
Dissolution; Mergers, Acquisitions, and Divestitures;
Shareholder Disputes;
Solvency/Insolvency; Tax Returns; Valuation, Focusing on
Management
Effectiveness, Guideline Selection; et al.
Day 6—Final Examination—Closed Book;
Calculator Permitted
• Up to four hours
Day 7—Follow-Up As Required
• tbd
Development and Instruction Team
The CPAs, attorneys, academics,
and law enforcement professionals (below)
who have designed and instructed this course are exceptionally
well qualified
in virtually all aspects of financial disciplines. Their
knowledge transfer
provides an unmatched opportunity to glean leading-edge
techniques from
their deep expertise.
Thomas F. Burrage CPA/ABV, CVA, DABFA: Burrage & Johnson,
CPA’s, LLC, Albuquerque, NM; Darrell D. Dorrell, CPA/ABV, MBA,
CVA, ASA, CMA, DABFA: financialforensics®, Lake Oswego, OR; John
(Jay) W. Dunbar CPA, CVA: John W. Dunbar CPA, El Paso, TX; Joe
Epps,
CPA/CFF/ABV, CFE, CVA: Epps CPA Consulting PLLC, Scottsdale, AZ;
Gregory A. Gadawski, CPA/ABV, CVA, CFE: financialforensics®,
Lake
Oswego, OR; Odalys Z. Lara, CPA, CVA, CFFA, CFD: Perzel & Lara
Forensic CPA’s, P.A., Clearwater, FL; R. Miles Mason, Sr., JD,
CPA: Miles
Mason Family Law Group, LLC, Memphis, TN; Dr. Diane A. Matthews,
CPA, CFE: Carlow University, Pittsburgh, PA; Patricia A. Perzel,
CPA, CVA,
CFFA, CFD (Progenitor): Perzel & Lara Forensic CPA’s, P.A.,
Clearwater,
FL; Gabriel H. Shurek, Manager: Gettry Marcus Stern & Lehrer,
CPA, P.C.,
Woodbury, NY; Mark S. Warshavsky, CPA/ABV, MBA, CVA, CBA, CFE,
DABFA, CFFA: Gettry Marcus Stern & Lehrer, CPA, P.C., Woodbury,
NY.
Who Should Attend
Attendees (alphabetical) can be: Attorneys, auditors, bankers, CEOs, CFOs, corporate counsel, CPAs, credit analysts, economists, expert witnesses, fiduciaries, financial analysts, insurance claims adjustors, investigators, investment bankers, investors, judges, law enforcement, lenders, stock and market analysts, turnaround specialists, and others.
Attendees are encouraged to be: Medium to heavily experienced
professionals; those who are new to the discipline are not encouraged to attend.
2010 Package Pricing (Before early
registration discounts.)...........Non-Member.............Member
Individual
Days..........................................................$550......................$495
Five
Days of
Training......................................................$2,750..................$2,475
CFFA
Certification
Exam..........................................................$395......................$395
First-Year
NACVA Membership
with Training and
Exam..................................$300
Cancellation Policy
For more information regarding refund, complaint, and/or program
cancellation policies, please call our director of Member
Services: (801) 486-0600.
For more information regarding CPE, Program Levels and Fields
of Study please
click here.
NASBA Sponsorship
NACVA is registered with the National Association of
State Boards of Accountancy (NASBA), as a sponsor of continuing
professional education on the National Registry of CPE Sponsors. State
boards of accountancy have final authority on the acceptance of individual
courses for CPE credit. Complaints regarding registered sponsors may be
addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue
North, Suite 700, Nashville, TN 37219-2417. Web site: http://www.nasba.org/