Fraud Evaluations: A Guide for The Compliance Professional

Overview

The topic of fraud continues to be on the radar of investors, shareholders & regulators. Despite a Kroll Advisors survey showing a decrease of corporate fraud incidents in recent years, new fraud methods are continually being devised & identified thanks in large part to advances in technology & IT infrastructure.

Compliance professionals & auditors are not expected to have the expertise of forensic investigators but should have working knowledge of the aspects of fraudulent activities & maintain a skeptical mind when it comes to reviewing potential violations.

This course provides a practitioner’s perspective of what your company should include in their internal audit programs & processes to mitigate & avoid fraud. We’ll cover:

The psychology of fraud & connection to the fraud triangle & fraud diamond The International Professional Practices Framework (IPPF) for internal auditors Employing the COSO 2013 towards fraud Rightsizing the internal audit team’s responsibilities Risk assessment considerations Reporting procedures