Fraud & Internal Audit

Availability

Currently available for on-site presentations. Contact Us to schedule a course at your organization.

This course will soon be available in the following cities: New York, Philadelphia, Charlotte, Atlanta, Miami, Orlando & Dallas. Check back soon for more details.

Overview

It is critical that internal auditors build fraud procedures into their audit approach from the start rather than being something that is added on after the fact. In fact, a comprehensive internal audit must incorporate fraud risk considerations during all phases. This course presents a comprehensive approach that will help auditors understand their responsibility for fraud, recognize common fraud schemes, create approaches to identify possible vulnerabilities, and perhaps even instances of fraud. This course goes beyond the need to evaluate internal controls and takes a more wholistic approach to assessing the likelihood of fraud within the business segment being audited. It provides insights into Fraud.global’s FraudSeeker tool and how many other factors are critical in determining if fraud is a higher risk. Lastly attendees will learn what to do when they find possible fraud.

Objectives

Explain internal audits role when it comes to preventing and detecting fraud
Discuss the prevalence of fraud, where it may be occurring in attendees’ organizations, and who commits fraud
Identify fraud schemes and red flags
Develop audit programs using an approach that incorporates fraud identification procedures from the beginning rather than them being an after thought
Conduct internal training and facilitate fraud risk assessment to enhance fraud awareness
Perform an analysis of fraud risk that goes beyond the traditional internal control approach and consider other organizational factors and their correlation to fraud
Determine what to do if an internal audit reveals potential fraud

Admissions & Delivery

Prerequisites: None, however, internal audit experience is helpful as is an understanding of business processes, audit techniques and professional standards.
Who should attend: Internal auditors, fraud examiners, ethics & compliance personnel, SOX control professionals, consultants and related roles
Advanced preparation: None
Program level: Basic
Delivery Method: Group Live

Credit Hours

This program can be modified to meet the needs of attendees. The course length can range from a simple one hour overview to the full two day course. To fully accomplish all objectives at a level where attendees can effectively execute all elements of the training the two day course is recommended.

Attendance at the two day course will entitle participants to 18.0 CPE credits.

Fields of Study (18 credits)

Auditing – Technical (13 hours)
Management Services – Technical (4 hours)
Communications – Non-Technical (1 hours)

Course Facilitators

Policies & CPE Notice

Many of our training courses & simulations offer Continuing Professional Education (CPE) credits for CPA’s and other related certifications, subject to participants meeting certain criteria. Fraud.global LLC maintains various policies applicable to providing continuing professional education. Please click here to access our refund policy, complaint resolution policy and others.

Fraud.global LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have final authority on the acceptance of individual courses for CPE credit. (Application Pending)

If you intend to use the continuing education credits for governmental entities, membership associations, or other professional organizations, please consult them before registering to ensure their acceptance. If a course is registered with a State Bar Association for continuing legal education (CLE) a special notice will be included in the course advertisement