Fraud Testing: Integrating Fraud Detection into Your Audit Program

Fraud Testing: Integrating Fraud Detection into Your Audit Program
OBJECTIVE
The Fraud Testing: Integrating Fraud Detection into Your Audit Program is a four-day seminar where the participants will learn how to integrate fraud detection into an audit program and identify key red flags of fraud scenarios. The event provides the attendees with the opportunity to learn how to implement and develop audit procedures that will increase the likelihood of discovering fraud, including fraud data mining.

CONTENT
• Understanding Fraud
• Business Process Fraud Risk Assessment
• Preparing the Fraud Risk Assessment
• Integrating Fraud into the Audit Program
• Data Mining for Fraud Scenarios
• Fraud Testing for Disbursement Scenarios
• Fraud Testing for Procurement Scenarios
• Fraud Testing for Payroll Scenarios
• Locating Fraud in Travel Expenses
• Fraud Testing in Contracts
• Fraud Testing in Sales and Cash Receipts
• Equipment and Asset Fraud
• Money Laundering
• Fraud Controls in Core Business Systems
• Case Studies and Exercises

FOR WHOM:
All Internal Auditors in both 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: 14th – 17th Apr,2025
2ND BATCH: 28th – 31st Oct,2025