PPT-Predicting Fraud in Companies and Banks

Michalis Agathocleous DEPARTMENT OF COMPUTER SCIENCE Department of Computer Science Fraud Prediction Intelligent Systems In Business David Barber What is Fraud How Fraud can arise Machine Learning in Fraud Prediction. Recent cases. Madoff - $54bn (£38bn). Allen Stanford - $8bn (£5.6bn). Kazutsugi Nami, Japanese Ponzi scheme $2.5bn (£1.76bn). US Ponzi schemes . Nadel $300m. Schrenker . “Chicago suburban businessman ... Tens of millions of dollars”. [Presenter: Zanele Mxunyelwa, CIA, CFE| Head : Specialised Audit Services, National Treasury]. . INTRODUCTION. Fraud & Corruption distorts incentives, undermines institutions, and redistributes wealth and power to undeserving; . By,. CA K RAGHU, . PAST PRESIDENT – INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA. Introduction. A specialized field of accountancy. Application of Financial Skills and investigative mentality . Investigating fraud and analyzing financial information to be used for tracking and collection of forensic evidence. 15th of April 2016, . The Hague. Integrity, some experiences and ideas of Dutch Water . Authorities. The water sector is . very. . vulnerable. for . integrity. . problems. :. T. here. is a lot of money . Alison Clair April 2016. Confidential. 2. 2. 2. The Direct Debit Guarantee (DDG) underpins the entire Scheme. . There is standard wording that is adopted by all Banks and originators in order to administer the scheme.. Tyler Moore. CS7403, University of Tulsa. Reading: Anderson . Security Engineering. , Ch. . 5.2.4 . (136—138), 10.3. -. 10.4 . (328. —. 343). Agenda. Test-. k. ey systems. SWIFT: wholesale inter-bank payments. WE . ARE TEAM OF EXPERTS . BRIDGING ARTIFCIAL . INTELLIGENCE. , . BLOCKCHAIN, . CYBER . SECURITY . PROVEN USE CASES . ACROSS . ECOSYSTEMS.. Banking on Blockchain.. Charting the progress of distributed ledger . YOUR . BUSINESS . FROM OCCUPATIONAL FRAUD . Overview of Presentation. Discussion topics:. Overview . of Occupational . Fraud. Fraud Statistics . Characteristics of Fraud. Partner. UKCA and Partners. Email: pankaj.jain@ukca.in. Mobile: 844 777 8422. ADJUDICATION AUTHORITIES AND PENAL PROVISIONS. PAST PITFALLS AND LESSONS LEARNT. The Act substantially redresses past pitfalls and lays checks and balances through disclosures and enhanced corporate governance mechanisms . Natalie T. Churyk, PhD, CPA. Caterpillar Professor of Accountancy. B. Douglas Clinton, PhD, CPA. Alta Via Professor of Accountancy. Chih. -Chen Lee, PhD, CPA. Strachan Professor of Accountancy. *. Authors listed in alphabetical order. The Companies Act, 2013 CS PANKAJ JAIN Partner UKCA and Partners Email: pankaj.jain@ukca.in Mobile: 844 777 8422 ADJUDICATION AUTHORITIES AND PENAL PROVISIONS PAST PITFALLS AND LESSONS LEARNT The Act substantially redresses past pitfalls and lays checks and balances through disclosures and enhanced corporate governance mechanisms LESSON 1 REVIEW QUESTIONS. 1. . WHAT IS THE MAIN THING INVESTMENT BANKS DO?. 2. . WHAT ARE THE 7 MAJOR FUNCTIONS OF INVESTMENT BANKS?. 3. WHAT ARE THE 3 AREAS OF EMPLOYMENT – JOB FUNCTIONS?. LESSON 1 INTRODUCTION REVIEW (. Hugh Grove and . Maclyn. Clouse. Accounting and Finance Professors, respectively. Daniels College of Business. University of Denver. In the United States, many of the standards for corporate governance regulation and enforcement have been developed after major scandals and financial crises. The Sarbanes Oxley Act of 2002 was passed in response to the corporate and accounting scandals in 2000-2002 involving firms such as Enron, Tyco International, Adelphia, and WorldCom.. AND AUDIT. EXPECTATION . FOR EARLY DETECTION AND PREVENTION OF ALL SIZE FRAUD IN BANK.. In the memory lane we recall corporate frauds like Satyam, Enron, Wells Fargo, WorldCom, Lehman Brothers Bank, Barings Bank either declaring insolvency and/or investors and stakeholders losing billions overnight, not to mention the protracted legal costs and court cases in various courts and countries..