In order to thrive in today’s competitive financial environment, you need to stay on the cutting edge of current industry requirements. Our in-house and public seminars are aligned with the goals and objectives of your organization, promote knowledge retention through active participation and their key aims are to sharpen your skills and develop your expertise. We offer a wide range of seminars covering topics such as:
– Fraud Prevention / Detection
IFRSs provide a global language for business affairs so that company accounts are better understood. The rules are frequently revised to present relevant, useful, and transparent information to users, but this regular change in rules can make IFRSs implementation challenging or even daunting. Eventually, every business will come across a financial reporting issue when preparing their financial reports. In these situations, expert IFRS advice is crucial. Some of our key IFRS services are:
– Specialist technical advice
– Implementation services of new accounting standards
– Forensic / expert witness services in application of IFRSs
FRAUD PREVENTION CONSULTING
Regardless of the type of business, the risk of fraud is always present. Fraud is estimated to cost organizations 5% of revenues each year. To put it simply into numbers, the projected worldwide impact is a staggering $3.7 trillion loss! Most victim companies recover nothing from their losses and it is estimated that a third of the US corporate bankruptcies are a direct result of employee theft. Our Fraud Prevention services include:
– Fraud risk assessment
– Fraud policy review
– Designing a system of internal controls
How you respond to allegations of fraud, can ultimately determine its financial impact on your organization. Our approach is to help you resolve the issues in a forensic investigation as efficiently and effectively as possible. We undertake financial investigations of misconduct, bribery and corruption, asset misappropriation, theft of data and IP, contract and procurement fraud, and insurance fraud. Our areas of expertise include:
– Fraud investigations
– Money laundering analysis and remediation
– Regulatory investigations
Financial Learning Hub (FLH) was founded in 2017. FLH is a boutique firm, specializing in IFRSs and Fraud Prevention & Detection. The success of your business is our business.
Orestis is the founder and Managing Director of FLH. He is a qualified Chartered Accountant (ACA), member of the ICAEW and a qualified Certified Fraud Examiner (CFE), member of the ACFE.
Since 2011, he has been training ICAEW & ACCA students for their exams. Orestis has also been successfully delivering seminars to qualified accountants and other professionals for CPD purposes. Furthermore, he has served as a lecturer at 2 of the most prestigious Universities in Cyprus. He frequently publishes technical articles related to the services FLH provides, reaching a regular readership of more than 3.000 worldwide.
Harry Markopolos once said: “…it’s not the armed robbers or drug dealers who cause the most economic harm, it’s the white-collar criminals living in the most expensive homes who have the most impressive resumes who harm us the most. They steal our pensions, bankrupt our companies, and destroy thousands of jobs, ruining countless lives.” What … Continue reading Financial Statement Fraud
An investment property is land or buildings or both, that is held by an entity to earn rentals and/or for its capital appreciation potential. One of the distinguishing characteristics of investment property is that it generates cash flows largely independent of the other assets held by an entity. The following are not investment property: Property … Continue reading IAS 40 – Investment Property