Advanced Fraud Detection and Investigation Techniques for Internal Auditors

Advanced Fraud Detection and Investigation Techniques for Internal Auditors equips participants with the specialized knowledge and skills necessary to effectively identify, investigate, and mitigate fraudulent activities within organizations. This course covers advanced techniques and methodologies used in fraud detection, forensic accounting, and investigative procedures tailored specifically for internal auditors.
Course Objectives:
• Understand the nature and types of fraud prevalent in organizations.
• Learn advanced fraud detection techniques and methodologies.
• Develop skills in conducting forensic investigations and gathering evidence.
• Master the use of data analytics tools for fraud detection and prevention.
• Acquire knowledge of legal and regulatory requirements related to fraud investigation.
• Enhance communication and reporting skills for presenting findings to stakeholders.
Course Content:
Introduction to Fraud Detection and Investigation
• Overview of fraud in organizations: types, causes, and consequences
• Role of internal auditors in fraud detection and prevention
• Ethical considerations and professional standards for fraud investigations
Advanced Fraud Detection Techniques
• Red flags and indicators of fraudulent activities
• Advanced data analysis techniques for detecting anomalies and patterns
• Using technology and software tools for proactive fraud detection
Forensic Accounting and Investigative Procedures
• Principles of forensic accounting and fraud examination
• Conducting interviews and interrogations with suspects and witnesses
• Documenting evidence and maintaining chain of custody
Data Analytics for Fraud Detection
• Introduction to data analytics and its application in fraud detection
• Data mining techniques for identifying irregularities and trends
• Case studies and practical exercises using data analytics tools
Legal and Regulatory Aspects of Fraud Investigation
• Understanding legal frameworks and regulations related to fraud investigation
• Role of internal auditors in compliance with laws and regulations
• Reporting requirements and obligations for fraud-related findings
Communication and Reporting Skills
• Effective communication strategies for presenting findings to stakeholders
• Writing clear and concise investigative reports
• Providing recommendations for fraud prevention and control measures

FOR WHOM:
All Internal Auditors and Risk Managers in the Public and Private Sectors.
METHODOLOGY
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.

DATE:
1ST BATCH: 8th – 11th Apr, 2025
2ND BATCH: 21st – 24th Oct, 2025