3 responses to “December 15 Webcast: Follow the Money–Using Technology to Find Fraud or Defend Financial Investigations”

  1. Looking forward to seeing your product in action on 15 Dec.

  2. […] This free webcast is scheduled for Wednesday, Dec. 15, 2010, at 2 p.m. Eastern. To attend, please register at the Securities Docket website: https://www.securitiesdocket.com/2010/12/06/december-15-webcast-follow-the-money-using-technology-to-… […]

  3. […] Creating understandable charts and graphs to demonstrate the fraud Paradigm Shift Using sophisticated software to do much of the routine work in financial investigations represents a major paradigm shift for forensic accountants and their clients. We no longer need forensic accountants to spend hundreds of billable hours manually examining documentation, entering transactions into a database, and checking for accuracy. This “busy work” and the accompanying bottleneck in the investigation are virtually eliminated in favor of the more accurate data capture and reconciliation done by the software. The forensic accountants can quickly get down to the business of investigating, and the clients benefit from faster answers. Initially, tens of thousands of pages of financial documentation seem chaotic. But the future of forensic accounting is now, and financial data featuring hundreds of accountants and entities can be quickly reduced to a usable state, allowing the investigator and client to gain clarity rapidly. Fraud cases can be pursued more quickly and more certainly with this system. The technology alone will never replace a forensic accountant*, as a sharp investigator is needed to understand the data, make it meaningful, and identify a smoking gun. But the forensic accountant* can get to the real business of investigating with the help of computers and the right software. The result is a better work product, free from arbitrary sampling and data input errors, in a much shorter timeframe. Tracy L. Coenen, CPA, CFF is a forensic accountant* and fraud investigator with Sequence Inc. in Milwaukee and Chicago. She has conducted hundreds of high-stakes investigations involving financial statement fraud, securities fraud, investment fraud, Ponzi schemes, bankruptcy* and receivership, and criminal defense. Tracy is the author of Expert Fraud Investigation: A Step-by-Step Guide and Essentials of Corporate Fraud, and has been qualified as an expert witness in both state and federal courts. She can be reached at tracy@sequenceinc.com or (312) 498-3661. Please join Tracy Coenen for a complimentary webcast, on December 15 at 2 PM EST, Follow the Money – Using Technology to Find Fraud or Defend Financial Investigations. Register today. […]