FR02_04: Transactions To Fictitious Intercompany Accounts

The risk
Malicious users create fictitious intercompany accounts in the chart of accounts and then use these accounts as counterparty to fictitious transactions, such as the illegitimate writing-off of customer debt, fixed assets or inventory.

What you’ll learn
This course teaches the Transactions to fictitious intercompany accounts analysis from the Financial reporting area of the 300 Framework (Suspense / liaison accounts): how to identify journal entry schemes that are made to intercompany accounts that do not relate to a valid entity of the Group. We start with the real-life fraud scenarios behind it, then give you the accounting and SAP background you need to judge whether the data is genuinely pointing to a problem in the specific context of your organisation.

The data and the code
You’ll get the exact SAP data required to run this analysis from either ECC or S/4HANA — the relevant tables, fields and how to join them — followed by a walk-through of the Python code and its logic: the filters, the joins, the algorithms, and the Artificial Intelligence tools you can layer on to enhance your result set.

Test your skills
Finally, you’ll put it into practice on a real dashboard, answering questions from our chatbot to find the exceptions in the data and choose the most interesting samples to investigate.

Taught by our experts in fraud detection, internal audit, internal control and SAP.