Are you an Accountant, Lawyer, Master of Business Administration, or Financial Planner? Do companies hire you to manage their finances, watch their bottom line, or file taxes? Are you satisfied with your accounting methods? Do you ignore the fact that fraud might be occurring in your organization? Do you want to step up your game, fight fraud, protect your client, and fortify the financial health of your business? Many companies hire people for their accounting skills, and they assume that they are protecting their business. Many corporations have failed because of this assumption. It is time for you to bridge the gap between accounting and forensic accounting; it is time to start detecting, deterring and preventing fraud.
How many entrepreneurs are great at coming up with business ideas, but have no knowledge of basic accounting skills? Organizations hire accountants to set up their books, and periodically meet with them to file their taxes. Accountants and financial professionals know that accounting skills are needed to understand the financial functions of any business. On a daily basis, monetary transactions reveal a lot about what is happening in an organization. Basic accounting concepts help business owners and CEOs understand their bottom line. Accounting can help tackle many important questions. How much is spent on inventory? What are the sales? How long do items stay in storage, and what percentage is waste? Many entrepreneurs are busy building the brand, and they turn to professionals to watch the bottom line. Are you protecting your business, or just going by the numbers, accepting the status quo?
Endorsed by NACVA and published by WILEY
To be a true professional, you cannot look at the numbers yet ignore what they represent. Many accountants sign off on an audit, knowing that it has different meanings to different people. Stockholders assume audits are a stamp of approval on the health of their organization. Accountants know that audits only sample the financial books, and test them against generally accepted accounting principles. An audit only ensures that transactions are recorded properly for a percentage of time. Auditors are not forensic accountants looking for motives, and uncovering fraud.
To have true value as a professional accountant or financial manager, you need to bridge the gap. Basic accounting skills are a great foundation, and many accountants feel and see the heartbeat of a company. They might stumble upon fraud, or they might develop their own parameters to look for fraud, but now is the time to start learning about the techniques, tools, and resources to detect, deter and prevent fraud.
Corporations can no longer survive without someone Detecting, Deterring and Preventing Fraud. Your organization needs an 800 Pound Friendly Gorilla.
Endorsed by the National Association of Certified Valuators and Analysts (NACVA) and published by Wiley, Detecting Fraud in Organizations: Techniques, Tools, and Resources shares Joe Petrucelli’s decades of experience as a CPA, Forensic Accountant, Expert Witness, Professor and more (About Joe). Enjoy the journey, learn how to develop an 800 Pound Friendly Gorilla strategy tailored to fit the unique characteristics of any organization, and up your accounting skills to provide the value that today’s businesses need.