Fraud -- You Can Try to Ignore it, But You Better Understand It! (Part 1)

Published: Nov. 12, 2010, midnight

b'Canada has one of the highest levels of corporate fraud in the industrialized world. Large commercial investors, investment managers, financial analysts and individual shareholders are being increasingly subjected to major accounting manipulations, kick-back schemes, invoice and loan frauds, and rogue actions of \\u2018trusted\\u2019 directors and employees. How can you protect your company, your clients, and your own portfolio?\\nThe speaker will argue that understanding fraud and swindling tactics is a critical factor to consider before making investments and business decisions. Whether you are directly involved in the financial investment or banking industry, or managing your own portfolio, the issues are similar in nature. \\nSpeaker: Al Rosen \\nLawrence S. (\\u201cAl\\u201d) Rosen. Dr. Rosen graduated from the University of British Columbia with an undergraduate degree, and later obtained a Ph.D. and MBA from the University of Washington. He founded Rosen & Associates Limited, a forensic and investigative accounting and auditing firm in 1990. He has given independent opinions on hundreds of litigation-related engagements across Canada, and in the U.S., including the Courts of British Columbia, Alberta, Quebec, Ontario and New York, and has provided an affidavit for the Supreme Court of Canada. \\n\\nHe is a member of several accounting associations in the U.S., China and Canada. Dr. Rosen is the author or co-author of several books and hundreds of articles in various publications. He is a frequent writer for Canadian Business magazine. He has been an instructor or professor of accounting at the University of British Columbia, the University of Washington, the University of Alberta, and York University. For fifteen years he served as a technical advisor to three Auditors\\u2019 General of Canada.'