The topic of fraud continues to be on the radar of investors, shareholders, and regulators. Despite a Kroll Advisors survey showing a decrease of corporate fraud incidents in recent years, new fraud methods are continually being devised and identified thanks in large part to advances in technology and IT infrastructure.
Compliance professionals and auditors are not expected to have the expertise of forensic investigators but should have working knowledge of the aspects of fraudulent activities and maintain a skeptical mind when it comes to reviewing potential violations.
This course provides a practitioner’s perspective of what your company should include in their internal audit programs and processes to mitigate and avoid fraud. We’ll cover:
The psychology of fraud and connection to the fraud triangle and fraud diamond
The International Professional Practices Framework (IPPF) for internal auditors
Employing the COSO 2013 towards fraud
Rightsizing the internal audit team's responsibilities
Risk assessment considerations
Reporting procedures
DESIGNED FOR
Any accounting or financial professional or auditor wanting to understand more about fraud evaluation
BENEFITS
- Identify the attributes of fraud
- Identify 5 Control Environment principles that can be connected to the need to evaluate for fraud
- Recognize how to utilize professional skepticism when evaluating for fraud
HIGHLIGHTS
- Psychology Dynamics
- COSO and Fraud
- Fraud Theories
- Opportunity Considerations
- Added Dimensions
- COSO Considerations
- Control Environment Principles
- Determining Internal Audit's Role
- Understand the Business
- Auditors and the IPPF
- When Management Objects & Potential Steps
COURSE LEVEL
Intermediate
ADDITIONAL NOTES
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.