About

“It Takes a Thief to Catch a Thief”: How Material Misstatements Happen — Detection, Prevention and Audit ResponseWhat

Material misstatement undermines trust, damages reputations, and exposes organisations to regulatory and legal risk. This practical and ethically grounded 90-minute webinar takes a “what fraud looks like” approach — not to teach how it’s done, but how to detect, prevent, and respond when it happens.

Through real world examples, participants will learn the common schemes that distort financial statements, the behavioural and organisational factors that enable them, and the red flags auditors and finance teams must never ignore. The session highlights ethical responsibilities, documentation expectations, and audit responses that stand up to scrutiny under ASA 240.

Key Topics Covered:

• Common types and indicators of material misstatement
• Behavioural and organisational drivers of fraud
• Effective controls, audit responses, and documentation practices

Who Should Attend:
Auditors, accountants, risk professionals, CFOs, and governance leaders seeking to strengthen fraud prevention and detection.

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