Fraud Risk and the Internal Auditor

The aim of this course is to provide participants with a timely update on new and emerging fraud trends affecting organizations and how internal audit can make a valuable contribution in this key area of fraud risk management.

CONTENT

Overview of fraud as a business risk Fraud risk management in organizations 

• Anti-fraud strategies

• Fraud detection tools and techniques

• Response planning and reporting requirements

• Investigations

• Recruitment policies

• Cultural issues

• Ethics.

Outline of key areas for fraud

• Financial

• Accounts manipulation

The critical role of internal audit in fighting fraud

• The auditor as facilitator

• Contributing to the organization’s risk register

• Auditing fraud risk at strategic and operational levels.

Auditor’s checklist and action plan

• Raising the profile of fraud risk with executive management

• Scoping fraud in individual audits

• Consideration of fraud as part of development and change  projects

• Fraud risk awareness workshops.

FOR WHOM:

All Internal Auditors, Supervisors and Risk Managers in the Public and Private Sectors.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.