Audit Strategy in Fraud Examination and Prevention

This is a past event. Registration is closed. View other Philippine Institute of Certified Public Accountants events.

Jesse Rey L. Meneses

Mr. Jesse Rey L. Meneses is a professional lecturer of the Philippine Institute of Certified Public Accountants handling internal control & risk, audit & assurance, governance and financial reporting topics (i.e. IFRS). He is a Certified Internal Controls Auditor and a Certified Forensic Accountant (CrFA). He has also lectured for PSE-listed entities such as Ayala Land, Globe Telecom, STI Holdings, LBC Holdings, Central Azucarera de Tarlac, and for other entities such as Accenture, Singapore International Airlines Eng. Co., Innodata, Asian Institute of Taxation and Commission on Audit. Mr. Meneses assists clients in the areas of internal control and compliance. On the academic side, he is a visiting reviewer of CRC-ACE CPA Review School and teaches corporate finance and financial accounting in the MBA Program. He was a former member of the Committee on Integrated Reporting dubbed as the “reporting of the future.” Mr. Meneses once served as a volunteer in the review of the financial statements submitted to SEC during the early years of the adoption of the IFRS. He is a member of the Government Association of Internal Auditors.

Mr. Jesse Rey L. Meneses is a professional lecturer of the Philippine Institute of Certified Public Accountants handling internal control & risk, audit & assurance, governance and financial reporting topics (i.e. IFRS). He is a Certified Internal Controls Auditor and a Certified Forensic Accountant (CrFA).

He has also lectured for PSE-listed entities such as Ayala Land, Globe Telecom, STI Holdings, LBC Holdings, Central Azucarera de Tarlac, and for other entities such as Accenture, Singapore International Airlines Eng. Co., Innodata, Asian Institute of Taxation and Commission on Audit. Mr. Meneses assists clients in the areas of internal control and compliance.

On the academic side, he is a visiting reviewer of CRC-ACE CPA Review School and teaches corporate finance and financial accounting in the MBA Program.

He was a former member of the Committee on Integrated Reporting dubbed as the “reporting of the future.” Mr. Meneses once served as a volunteer in the review of the financial statements submitted to SEC during the early years of the adoption of the IFRS. He is a member of the Government Association of Internal Auditors.

Course Description

What is fraud? Simply, fraud is the intentional misrepresentation or concealment of information in order to deceive or mislead. It is illegal. There are two principal methods of getting something from others illegally: by physical force or by trickery. The first type which is called robbery is generally more violent and more traumatic and attracts media attention. The second type is called fraud which involves deception and trickery. But losses from fraud far exceed losses from robbery . Fraud happens when there is perceived pressure, perceived opportunity, and some way to rationalize the fraud as acceptable. Financial pressure can occur suddenly or can be long-term. Often the perpetrator does not admit having financial problems. The control environment can be found wanting making it easy to conceal or perpetuate fraud. Nearly every fraud involves rationalization. Most first-time offenders would not commit other crimes, that rationalizing helps them hide from the dishonesty of their acts.

Fraud audit is conducted by companies as a precaution to prevent fraud from happening and to catch it before the offender takes too much. But there is more to fraud audit than meets the eye. Fraud auditors often go outside the ledger of accounts to find fraudulent transactions, which may include reviewing documents, receipts, or any inconsistencies that could help uncover acts of fraud. Auditors may also interview employees, customers and sometimes clients to find out if a fraud has taken place. There are patterns that may uncover illegal activity or fraud in progress management, history of unethical behavior, document tampering and disregard of procedure. Though some patterns are less obvious than others, they are still present.

Competence Area & Credit Units

Competence Area - A

Credit Units - 8

Other Speakers

Mr. Jesse Rey L. Meneses is a professional lecturer of the Philippine Institute of Certified Public Accountants handling internal control & risk, audit & assurance, governance and financial reporting topics (i.e. IFRS). He is a Certified Internal Controls Auditor and a Certified Forensic Accountant (CrFA).

He has also lectured for PSE-listed entities such as Ayala Land, Globe Telecom, STI Holdings, LBC Holdings, Central Azucarera de Tarlac, and for other entities such as Accenture, Singapore International Airlines Eng. Co., Innodata, Asian Institute of Taxation and Commission on Audit. Mr. Meneses assists clients in the areas of internal control and compliance.

On the academic side, he is a visiting reviewer of CRC-ACE CPA Review School and teaches corporate finance and financial accounting in the MBA Program.

He was a former member of the Committee on Integrated Reporting dubbed as the “reporting of the future.” Mr. Meneses once served as a volunteer in the review of the financial statements submitted to SEC during the early years of the adoption of the IFRS. He is a member of the Government Association of Internal Auditors.

IMPORTANT ANNOUNCEMENT! PLEASE READ

SEMINAR FEES

Regular Seminar Rates

Members in GOOD STANDING - Php 2,000/day (inclusive of VAT)

Members not in good standing - Php 2,500/day (inclusive of VAT)

Non-CPAs/Non-Members - Php 2,500/day (inclusive of VAT)

Regulators' Forum and other special seminars may have special rates which will be announced and advertised by the PICPA Training Division accordingly.

NO SHOW FEE - Php 1,000 - (also applies to invalid/late cancellations)

PAYMENT OPTIONS

1. Cash/check payable to: Philippine Institute of Certified Public Accountants, Inc., deposited to:

Account Name: Philippine Institute of Certified Public Accountants, Inc.

Account Number: 100840069691 UNIONBANK, or

Account Number: 123110026804 PNB

Email a soft copy of the deposit slip (jpeg/pdf or any convenient file format) together with the payee's complete name and PRC ID number (if available) to: training@picpa.com.ph.

When using this option to pay, please make sure your payment document is transmitted to the PICPA Training Division at least three (3) days before the seminar to avoid inconveniences.

2. For more direct payment options, you can visit us at the PICPA National Office Building, 700 Shaw Boulevard, Mandaluyong City.

SCHEDULE CHANGE

Seminar schedules are subject to change. Should there be any, PICPA will announce through the PICPA website and will inform you via email and/or SMS/text messages.

Please note that your initial reservation is automatically carried over/rebooked to the seminar's new schedule unless you submit to PICPA Training Division a valid cancellation request through your registered email address or mobile number.

OTHER DETAILS

1. Registration is at the PICPA National Office, 2/F front desk, from 7:00 am to 8:00 am on the day of the seminar. Seminars are conducted from 8am-5pm.

2. Should a seminar be cancelled for valid reasons, the participant who has made a reservation will receive from PICPA a notice of re-scheduling or cancellation at least 3 days before the schedule. All reservations are automatically re-booked to the new schedule and remain as confirmed reservations unless cancelled with valid notification.

3. CANCELLATION OF RESERVATION: Cancellation is only valid when conveyed through the participant's registered email address or his/her registered mobile number and conveyed to PICPA Training Division at least three (3)days before the actual seminar date. Please read "Seminar FAQs" on the website for details.

4. NO SHOW FEE: Those who do not attend the seminar they have made reservations for, without valid cancellation/notification (via email or SMS at least 3 days before the schedule) will be charged a "NO SHOW FEE" of P1,000.00 to cover for the food and other logistic and administrative costs incurred by PICPA.

5. CPD Units are awarded based on actual time of seminar attendance. Deduction of units will be imposed accordingly to latecomers or to those who leave early. PICPA NO will not release certificates of attendance to participants, who have left early without duly notifying the PICPA NO Training Division.

6. If you have health or religious diet restrictions, please inform the PICPA Training Division at least two (2) days before the date of the seminar.

7. As we have limited parking space, parking is on first come first served basis.

8. Walk-In participants are accepted per availability of resources. Accepted walk-in attendees will be sent only a soft copy of the materials through email.

FOR OTHER CONCERNS AND FURTHER INQUIRIES

Contact: Richard Homero or Shane Raon (of PICPA Training Division)

Tel. Nos. (02) 723-0691 to 93 loc 114 or 0919-9114086 (Smart)/0917-8530767(Globe)

Jesse Rey L. Meneses

Jesse Rey L. Meneses

Course Description

Competence Area & Credit Units

Other Speakers

Venue

Contact us

IMPORTANT ANNOUNCEMENT! PLEASE READ