The purpose of the Fraud Audit Investigation Training Course provided by the Imperial Corporate Training Institute is to develop the knowledge base and skill set needed by professionals to identify, evaluate and investigate fraud within business entities. As financial crime continues to evolve, so too have the methods for identifying it. The Fraud Audit Investigation Training Course will provide participants with a structured, practical approach to understanding the various types of fraud and the methods used to detect it. Participants will learn how to identify fraud in their organisation’s financial systems, operational systems and electronic commerce platforms, enabling them to respond appropriately according to their organisation’s policies and procedures.
The Fraud Audit Investigation Training Course places a strong emphasis on the practical application of the fraud detection process and the advanced techniques used to investigate fraud as recommended by international standards. By utilising the fraud audit investigative framework, participants will develop the necessary skills to develop fraud audit plans, conduct professional investigations, assess evidence and develop accurate and thorough reports. The Fraud Audit Investigation Training Course bridges the gap between theory and practice, with participants being aware of the theory of fraud while being able to apply the theory in complex corporate and financial environments.
Objectives
By completing the Fraud Audit and Investigation Training Course, participants will be able to:
- Learn about the different kinds of fraud that may occur in the finance and/or operation environments, as well as how to detect fraud and identify the reasons for fraud.
- Use a structured process of detecting fraud, which allows you to identify high-risk and red flags.
- Create and implement audits of fraud that are tied to an organisation’s risk profile.
- Investigate fraud by using investigative techniques, such as collecting, analysing and documenting evidence.
- Identify the weaknesses in the organisational control structure that could potentially allow for fraudulent acts to occur.
- When conducting interviews and inquiries during fraud investigations, do so in an ethical and fair manner.
- Utilise data analysis and forensic tools to assist with the identification of fraud.
- Create written reports that document your findings in a clear and defensible manner.
- Understand the legal and ethical concerns that surround fraud audits.
- Improve the methods by which an organisation prevents and responds to fraud.
Target Audience
This financial audit training course is suitable for professionals who are involved in financial oversight, risk management, compliance, and internal control functions, including:
- Internal and external auditors seeking to specialise in fraud audits
- Finance and accounting professionals responsible for financial integrity
- Risk management and compliance officers
- Internal control and governance professionals
- Forensic accounting practitioners
- Investigation and assurance professionals
- Senior managers responsible for financial oversight
- Public sector auditors and inspectors
- Professionals preparing for advanced roles in fraud investigation