Fraud and Forensic Auditing
Identification, Detection &
Prevention

15 - 19 July 2024
Sandton Centre Jhb South Africa,

foresinc

Register Now! Limited Seats Available!

R17, 999.00 Per Delegate

Introduction

This Fraud & Forensic Auditing training course is designed for those who wish to learn about the most common white collar crime in business – fraud. Fraud is a phenomenon encompassing the fraud triangle – opportunity, rationalization and pressure – which includes many human psychological components. This training course is designed to dive deep into the why, the how and the who, as we discuss what the typical fraudster ‘looks like’ and why they decide to perpetuate a crime against a company.

Upon studying the various ways in which white collar criminals do their work, the outline reviews, with real examples, the ways in which companies combat fraud, in both preventive and detective ways. Further, we explore some of the more common types of fraud discovery, including the use of big data and analytics tools, through case study. Finally, we look at ways in which internal controls can help or hinder fraud prevention.

Objectives

At the end of this training course, you will learn to:

  • Identify the signs of possible fraud
  • Select the appropriate audit procedures to be followed in conducting a fraud audit
  • Select and explaining the areas of risk and exposure to fraud in a company situation
  • Describe the various remedies available to those who suffer a loss through fraud

Utilize cutting-edge tools in fraud discovery and prevention

Who Should Attend?

All people, all ages, all places around the globe and at all levels within an organization can benefit from fraud training. Fraudulent behavior favors no single type or size of organization and as such, fraud a topic important to anyone with an association to a business, not-for-profit or organization that has assets. That being the case, these people tend to have the most interest in fraud topics:

  • Middle-level and Upper Management within small, medium and large companies
  • Internal Auditors
  • Compliance / Security Officers & Staff
  • Front-line Staff at any organization

Course Outline:

Self-Awareness and Identification 

  • Understanding the Nature of Fraud
  • Reflecting on Why People Commit Fraud
  • Studying the Fraud Triangle
  • Reviewing the Financial and Personal Vices often leading to Fraudulent Behavior
  • Profiling a Fraudster

Beginning to Identify & Detect 

  • Understanding Fraud Measures in Your Organizations
  • Discussing the Ways in which companies Fight Fraud Today
  • Considering the Gaps in Internal Control Structure
  • Identifying Preventive Fraud Controls
  • Identifying Detective Fraud Controls

Reporting & Investigating 

  • Recognizing the Symptoms of Fraud
  • Appreciating Whistle-blowing within Organizations
  • Following up to Fraud Reports by Whistle-blowers
  • Investigating the Purported Fraud
  • Using Data-driven Fraud Analysis Techniques (Introduction)

Data-Driven Analysis 

  • Using Data-driven Fraud Analysis Techniques
  • Using Data-mining Software and Procedures
  • Grinding through the Data and Discovering the Gold Nuggets
  • Investigating Theft Acts
  • Investigating and Determining of Concealment has Taken Place

Interview & the Specifics of Financial Statement Issues 

  • Inquiring Methods and Fraud Reports
  • Interviewing Techniques & Tricks
  • Understanding Financial Statement Fraud
  • Understanding Revenue / Inventory-related Fraud
  • Understanding Other Types of Fraud
  • Understanding Consumer Fraud

IN HOUSE AND ONLINE TRAINING

in

While both In-House and Online training can present with cost-effectiveness and time-efficacy, there are some very specific differences between in-house courses and those based online.
The demand for additional courses by individuals or groups of people is increasing. Still, it depends entirely on the preferences of a person what type of training he or she wants to receive. Online courses and in-house training carry some similarities but they are considered to exhibit some very pivotal differences too. Despite that, both types of learning can be really beneficial for attendees.

For Registration and other Training arrangements,
contact us on the detail below.

SOUTH AFRICA : +27 11 057 6001
TANZANIA Cell: +255 769 688 544
WhatsApp +27 79 574 0389
info@bmktraining.co.za / www.bmktraining.com