In this three-day seminar you will pinpoint the areas most prone to internal fraud and identify key indicators of fraud scenarios. The seminar content will cover the methodologies used by fraud auditors and focus on the red flags that signal the need for an investigation. You will focus on preparing fraud risk assessments for core business systems and integrating fraud detection into your audit program. You will learn how to implement and develop audit procedures that will increase the likelihood of discovering fraud, including fraud data mining. Throughout this seminar, case studies and class exercises will further illustrate how to integrate fraud detection into your audit program and reinforce proper fraud detection methodologies. At the conclusion of the seminar you will be able to prepare a fraud risk assessment and integrate fraud audit procedures into your audit program.

Prerequisite:  Fundamentals of Internal Auditing (OAG101) or Fraud Audit School (OAF201), or equivalent experience.

Advance Preparation: None          Learning Level: Intermediate

Delivery Method: Group-Live          Field: Auditing