Forensic Auditing and Accounting

This course aims to better equip internal auditors and financial Investigators to effectively perform their tasks and set up a proactive system to detect and combat white collar crime. It will provide practical knowledge, as well as current up-to-date Forensic Auditing techniques, to facilitate the prevention, detection, investigation, reporting and prosecution of economic crime.

Who should attend?

This course is suitable for internal and external auditors, forensic accountants, financial investigators, members of the police service and other law enforcement agencies. It is also ideal for middle and senior managers who have ownership of the responsibility of overseeing the audit process as it relates to the detection and prevention of economic crime. Objectives

By the end of the course you will be able to:

Understand the concepts of fraud and corruption and how they affect the running of Departmental and the Governments' core business

Recognise the areas within an organisation that are most vulnerable to fraud

Apply fraud prevention best practices to minimise the risk to the department

Understand what standards are expected from a public officer

Understand how to involve stakeholder investment to attain good corporate governance

Have an awareness of the responsibilities and accountability of investigators and how to demonstrate those skills during fraud investigation

How to implement departmental anti-fraud policies and fraud response plans

Programme Outline

The Audit Process

Traditional Techniques versus Current Crime Trends

General Accepted Auditing Standards (GAAS), General Accepted Auditing Principles and International Audit Standards

Accounting and Auditing Malpractice

Risk Analysis and Fraud Related Issues

Forensic Auditing and Investigation

Investigation Techniques and Tools Required to Support an Investigation in a Computerised Environment

Good Governance, Accountability and Security Analysis in Line with Best Practice

Reporting, Validating Audit Reports and Presentation of Information for Legal Use

Understanding the Complex World of Money Laundering and the Third EU Directive

Use of Documentary Evidence and Litigation Support

Introduce and Establish Standards of Management Practice that will Curb Fraud and Corruption

Combat Fraud Effectively using Skills to Review and Update Methods of Investigating and Reduce the Effects of Fraud and Corruption

Identify Organisation/Departmental Core Outputs by Analysing and Monitoring the Process through Performance Indicators