E:\marcusevansassets\Doc\Events\ Global Financial Markets Intelligence conferences | Live Online Workshop: Monetary Unit Sampling and Fraud

Global Financial Markets Intelligence

Global Financial Markets Intelligence

Live Online Workshop: Monetary Unit Sampling and Fraud

A structured online course delivered over 2 half-day modules

5-6 May 2021
Online, Switzerland


Why You Should Attend

Live Online Workshop: Monetary Unit Sampling and Fraud

To ensure we meet your expectations and maximise your return on training investment, we favour a classroom/workshop style set

Assessing the correctness of your Balance Sheet can prove a painful exercise. Luckily, often complex tasks can become child’s play with the right training and tools, and with this live online training course, delivered over two intensive four hour modules, you will learn how to compute the differences in you G/L and P/L accounts just as your external auditors do, The course will also feature a proven web based software that is offered free to all delegates.

Did you know that in many instances, audit samples are LARGER than could have been taken if using a statistical approach!  If, with no extra effort, you can mathematically estimate the differences in your accounts shouldn't you do this? Would it not be great if you could control the risk of reaching incorrect conclusions? By attending this course you will have the use of a highly automated software especially developed by the trainer to make statistical sampling for Auditors much less difficult to grasp. Upload your audited account entries to the tool and let the software do all the math. Just concentrate on testing the sampled entries, input your results and obtain all the working papers you need- including the audit conclusions! Computerized case files will be utilized from which the delegates may draw their samples to provide a practical, realistic experience.

Challenges we will discuss:

• Can I use a statistical approach without a solid math background?

• Is there a way I can ensure I am not under/over auditing?

• How can I prevent management disagreement to my recommendations?

• How do External Auditors carry out their test? How can I do the same?

• How can I support the External Auditors and make savings on their fees?

With the right teaching approach, even complex matters become simple to understand. Through a practical, pragmatic learning path you will be able to master all you need to proficiently apply a statistical tool especially developed for Internal Audit Teams.

About your expert trainer:

Massimo Cregut has over 15 years experience in Internal Audit, the last 5 of which were spent as Head of Global Audit Methodology and Audit Knowledge in UniCredit, one of the largest and most international banks in Europe. Responsible for the development and implementation of an Audit Academy, he has had an in depth and successful experience as a class trainer, both in house and with the Italian Banking Association.

Formerly Global Head of Internal Audit in Pioneer Investments, the asset management arm of UniCredit, and other senior managerial positions, he has profound business experience and now offers management consulting services and professional training to Internal Auditors, Risk Managers and Compliance staff. His in-depth, first-hand experience in audit and various business practices makes him a perfect teacher for a course designed to enhance the audit effectiveness and accountability.

Massimo cooperates closely with the Italian Association of Internal Auditors (AIIA) and now also delivers both public and in-house courses for marcus evans worldwide. This allows his practical expertise to reach a wider audience and benefit auditors at institutions around the globe. And as a result of the 2020 Coronavirus pandemic Massimo has also successfully transitioned to delivering his courses online, ensuring that audit professionals continue to benefit from his insights.

Pre-course questionnaire:

A detailed questionnaire will be sent to all course participants to establish exactly where the group training needs lie. The completed forms will be analysed by the course leader/trainer and followed by telephone if further clarification is required. As a result we can guarantee that the course is pitched at exactly the right level and that the issues that you regard as relevant are addressed. The course material will reflect these issues and will enable you to digest the subject matter after the event in your own time.

Who should attend?

All Auditors irrespective of their seniority, willing to improve the effectiveness of their work by applying a statistical sampling approach.


Key Topics

  • How the Audit Risk can be measured.
  • Which sampling techniques are more appropriate to apply.
  • How to apply a risk-based approach to sampling.
  • The process to compute sample size and how to measure the
  • How to use a sophisticated, highly automated web based software offered free to all delegates.

  • Why Choose GFMI marcus evans?

    marcus evans specialises in the research and development of strategic events for senior business executives. From our international network of 63 offices, marcus evans produces over 1000 event days a year on strategic issues in corporate finance, telecommunications, technology, health, transportation, capital markets, human resources and business improvement.

    Above all, marcus evans provides clients with business information and knowledge which enables them to sustain a valuable competitive advantage and makes a positive contribution to their success.







    Voice of Our Customers
    • “Thanks a lot to Massimo for his enthusiasm” Schneider Electric
    • “Massimo is a great trainer: a knowledgeable and communicative speaker. The course is very good, with good material” USP Zrodowe
    • “I enjoyed very much the practical case studies based on ‘real’ transactions” USP Zrodowe
    • “I enjoyed very much the practical cases based on real transations that auditors audit. This helps to switch from theory to practice” Fortum
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    Event Contact

    For all enquiries regarding speaking, sponsoring and attending this conference contact:

    Kamelia Simeonova


    101 Finsbury Pavement, London, EC2A 1RS



    Telephone:
    0044 203 002 3172
    Fax:
    Email: kamelias@marcusevansuk.com