Fraud Detection and Investigation for Internal Auditors

Improve fraud detection, refine your investigative skills and learn how to help your organization address the challenge of fraud. This highly participative workshop covers techniques for detecting and investigating fraud. Through facilitated discussions, case examples and practical exercises, you will explore fraud detection, learn how to incorporate fraud detection into routine audit activity, learn investigation methods and learn strategies and approached to help your organization fight fraud.

Content

Creating Environment for Dealing with Fraud

• Fraud-related challenges in today’s environment
• Dealing with Management
• Expectations about Detection and Investigation
• Establishing Fraud Policy and Response
• Fraud Prevention

Detecting Fraud in Routine Audits

• How Fraud Surfaces
• Reasons why Auditors don’t detect Fraud
• Step Approach to Fraud Detection
• Symptoms of Fraud Occurrence
• Understanding “Red Flags”
• Building Fraud Considerations into the Audit Program

Fraud and Technology

• The Impact of Fraud on Current Technology
• Computer Crime Examples
• Fraud Detection using Data Mining Techniques

Audit Report Writing

• Structure of Audit Reports
• Selling your Reports and Recommendation
• Follow Up

Investigation for Internal Auditors

• Elements of Complete Investigation
• Investigative Tasks
• Dealing with Management and Attorneys
• Using an Investigation Checklist
• Investigative Tools, Techniques and Strategies
• Suggestions for Identifying the Perpetrator
• Fraudulent Financial Reporting

For Whom: Directors, Managers, Staff in Internal Audit Departments, Accountants, Financial Analysts, Finance Managers, and others who are involved in the audit process and want to be aware of what is best practice in modern time.