Internal Auditor’s Role in Preventing Fraud

This workshop will provide participants with the practical tools needed to identify, investigate and remediate fraud and corruption from the workplace. The objective of the four day workshop is to share experience, workshop-style exercise with real life examples and to gain the tools and knowledge necessary to resolve the most complex cases.

Overview of Fraud

· Definition of fraud

· Component of fraud

· Triangles of fraud

The Fraud Whisper

· How to become fraud whispers

· Why do people commit fraud?

· Why investigate frauds?

· How fraud are detected

Managing the Investigation

· Record keeping

· Handling of exhibits

· Keeping management informed

· Planning the interview

· Conducting the interview

· Controlling simultaneous action

Gathering the Evidence

· The role of surveillance

· Covert and overt searches

· Internal and external evidence

· Conducting an office search

The Right to Audit

· Dealing with external suppliers

· Auditing a suppliers records

· How to interview a supplier

Fraud Detection for Auditors

· Why we miss fraud

· Fraud risk assessment

· Fraud detection interviewing techniques

· Why anti-fraud control fails

FOR WHOM: All Internal Auditors 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.