Upcoming Dates & Locations
Fraud Detection and Prevention: Key Internal Controls - UK-OAF280
This course covers ways to create risk statements, assess fraud risk, and verify the necessary controls are in place. It also provides information on fraud deterrence and detection in high-risk business processes.
Who Should Attend
Financial, operational, IT and external auditors; audit managers; corporate attorneys; information security professionals; risk management personnel and line managers who need to gain an understanding of how to successfully mitigate fraud risk in their organizations.
What You’ll Learn
You will learn best practices for creating an anti-fraud program, help management implement these programs, and ways to support organizational efforts to promote ethical conduct.
Scope of the Fraud Threat
Role of the Auditor
Who Commits Fraud?
Fraud Theory – Why?
Responses to FraudPrevention Detection/Symptoms
A Different Approach – The Fraud Audit
Fraud Risk Structure
COSO – Integrated Framework
Fraud Risk Management Framework
The Control Environment
Fraud Risk Assessment
Information and Communication
Effective Handling of Fraud
Examples in Fraud Risk MitigationDisbursement Procurements Payroll
Why You Should Attend
You should attend because fraud is a pervasive, complex, and expensive problem affecting organizations worldwide. Auditors are required to have sufficient knowledge to evaluate the risk of fraud and how it is managed by the organization.
MIS Training Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.