Compliance & Financials (reading & liabilities)

Start Time

11 NOV, 2022
08:00 AM

End Time

11 NOV, 2022
12:00 PM

Location

Werfstraat 6, Scharloo, Curacao

Introduction / benefits

To move criminal money to the upper world, a company is useful to hide the origin. The financials are the packing slip where shady cash flows with creative accounting are given an almost legitimate origin.

Learn to detect red flags in annual accounts / financials., During this training you learn to understand, analyze and critically assess annual accounts. This enables you to ask critical questions and to take possible next steps in the risk assessment of your customers. At the end of this training you will have a clear understanding of the balance sheet, profit and loss account and the cash flow statement on annual accounts, their interrelationships and a strong foundation for the implementation of risk analysis in practice.

Sufficient financial knowledge is required to detect suspicious circumstances in annual accounts. For example, customer and product risks are important indicators in investigations into money laundering and terrorist financing within organizations. Examples of these risks are goods and participations that are difficult to value, a complicated structure at legal entities, unexplained commercial transactions and the financing of activities. You will learn to recognize these indicators in a practical and interactive way.

Topics

  • Rules and regulations
  • Notes to legislation and regulations relating to the annual accounts
  • Analysis of the annual accounts in practice
  • Recognizing red flags in the analysis of the financial statements
  • case study

Duration of the training

The duration of the training is 4 hours.

Costs

The investment in this training is NAf 445,- p.p. incl. taxes.

The price includes training sheets & certificate of participation.