[100% OFF] Understand Finance to Signal Money Laundering (KYC & CDD)

 In today's complex financial world, criminals often hide their ill-gotten gains by manipulating the financial information within a company's annual accounts. This devious practice, known as money laundering, can be challenging to detect but is crucial to combat. The good news is, you don't need to be a financial expert to understand the red flags hidden within these accounts. In this comprehensive course, we will equip you with the knowledge and skills to identify these manipulations and contribute to the fight against money laundering.

Section 1: Demystifying Annual Accounts

Understanding the Basics:

Even if you're not a financial whiz, you can grasp the essentials of annual accounts. Finance isn't rocket science!

Ideal for Beginners:

This course is tailored for individuals with limited financial knowledge but a passion for fighting financial crime.

Target Audience:

If you aspire to work in anti-money laundering roles, such as Know Your Customer (KYC) or Customer Due Diligence (CDD) positions, this course is tailored for you.

Section 2: Deciphering the Balance Sheet

Going Beyond the Surface:

Learn to delve deep into balance sheets and distinguish between equity and liabilities, depreciation, and asset valuation.

Real-World Money Laundering Examples:

Explore practical cases of money laundering schemes involving equity, loans, offshore structures, VAT carousels, property flipping, and asset value manipulation.

Recognizing Red Flags:

Gain the ability to spot potential criminal activities through red flag examples, empowering you to initiate further investigations.

Section 3: Analyzing Income and Cash Flow Statements

Unveiling Income and Cash Flow:

Discover fundamental accounting principles like Earnings Before Interest and Taxes (EBIT) and the distinction between revenue and cost.

Real-Life Application:

Explore practical examples showcasing how income statements and cash flows impact the balance sheet.

Detecting Suspicious Transactions:

Learn to identify red flags for potential illegal transactions, including trade-based money laundering techniques such as over- and under-invoicing, phantom shipping, multiple invoicing, and asset valuation manipulation.

Conclusion:

This course, packed with nearly 1.5 hours of video presentations and 39 multiple-choice questions, equips you with the tools to understand and expose financial manipulations within annual accounts. By the end, you'll confidently interpret financial data, recognize red flags, and make informed risk assessments. Whether you're just starting or looking to enhance your anti-money laundering career, this course is your gateway to making a real impact.