The Forensic Audit Techniques Training Course delivered by the Imperial Corporate Training Institute provides extensive and expert training to assist with the detection, investigation, and documentation of fraudulent activity. This course is a specialized financial auditing course that has been specifically developed to provide participants with extensive knowledge and expertise about forensic audit techniques for evaluating financial records and transactions as well as to assess the adequacy of a company’s internal controls using a legal and investigative perspective. Participants will be provided with a comprehensive understanding of the differences between a forensic and a traditional audit as well as how forensic audits are actually used to investigate financial crimes within the context of a corporation, government agency, and recognized regulatory authority.
The materials offered as well as the methodology used in this course were developed in accordance with the standards and practices of international financial regulation. In addition, this course enables participants to build on their knowledge of forensic auditing as they become familiar with and utilize many cutting-edge software applications, procedures for collecting and analyzing financial data, the necessary techniques for identifying fraud, forensic audit report preparation, and supporting legal proceedings. Participants in this course will learn to identify and respond to various types of financial crime, develop and implement a comprehensive forensic audit strategy, obtain evidence and documentation to support investigations and the prosecution of offenders.
Objectives
Attendees will be able to:
- Creating an understanding of the Principles and Concepts of Forensic Auditing
- Distinguishing Forensic Auditing from Internal Auditing or External Auditing Practices
- Identifying Signs of or Indicators of Financial Fraud or Financial Misconduct
- Applying Forensic Audit Techniques to Identify Possible Manipulation, Misstatement or Other Irregularity
- Analyzing Financial Statements using Investigative and Analytical Methods
- Understanding Fraud Schemes, such as Asset Misappropriation or Fraudulent Financial Statements
- Conducting Forensic Audits in Accordance with Legal and Regulatory Requirements
- Obtaining, Preserving and Documenting Audit Evidence that is of Use to a Legal Proceeding
- Using Data Analytics and Digital Tools in Forensic Investigations
- Preparing Forensic Audit Reports that are Clear and Defensible
- When Required, Supporting Disputes, Litigation and Regulatory Investigations
- Using Professional Judgment and Ethical Decision-Making when Conducting Forensic Audits
Target Audience
- Internal auditors seeking advanced investigative skills
- External auditors aiming to specialise in forensic auditing
- Forensic accountants and financial investigators
- Risk management and compliance professionals
- Finance managers and controllers
- Fraud examiners and anti-fraud specialists
- Legal professionals involved in financial disputes
- Corporate governance and ethics officers
- Public sector auditors and inspectors
- Professionals working in banking, insurance, and financial services
- Accountants involved in dispute resolution and litigation support
- Professionals responsible for fraud prevention and detection