According to ACFE, “internal audit detects fraud 15% of the time, while external audit merely 4% of the time.” How can we as the internal audit profession, break away from this stigmatic statistic?This course will provide participants with an overview of the detection, assessment, investigation, and mitigation of fraud. This course also addresses fraud risk management and the importance of a fraud risk framework in mitigating fraud at an organizational level.During this course, areas of potential high fraud risk will be discussed and recommendations for mitigation of fraud are presented.
DESIGNED FOR
This course will establish a strong foundation of fraud risks, and fraud management frameworks. This course is intended for internal and external audit professionals, and anyone interested in obtaining a better understanding of auditing and mitigating fraud within workplace environments.
BENEFITS
Date(s) and Time: Dec 17, 19 from 1:00 PM - 4:30 PM ET
According to ACFE, “internal audit detects fraud 15% of the time, while external audit merely 4% of the time.” How can we as the internal audit profession, break away from this stigmatic statistic?
This course will provide participants with an overview of the detection, assessment, investigation, and mitigation of fraud. This course also addresses fraud risk management and the importance of a fraud risk framework in mitigating fraud at an organizational level.
During this course, areas of potential high fraud risk will be discussed and recommendations for mitigation of fraud are presented.
Other Date(s) and Time:
- Jun 4, 6 from 12:00 PM - 3:30 PM ET
- Sep 26 - 27 from 12:00 PM - 3:30 PM ET
HIGHLIGHTS
At the end of the course participants should be able to:
- Explain the various roles and responsible for preventing, detecting, assessing and investigating fraud at the organizational level.
- Recognize the benefits of utilizing a fraud risk management framework.
- Discuss and apply fraud risk management techniques to mitigating organizational fraud.
- Identify the most prevalent fraud schemes perpetrated across organizations.
- Determine how to mitigate fraud within an organization via appropriately designed internal controls.
COURSE LEVEL
Intermediate
PREREQUISITES
Basic understanding of the fraud triangle and internal audit’s role in fraud discovery and investigation.
ADVANCE PREPARATION
None