Fraud Risk, Compliance, Governance, Prevention & Investigation (Advance)

Course Outline

Advance understanding of fraud risks, compliance, governance, prevention, detection, reporting and designing fraud investigation tools, policies and procedures

Fraud Related GRC

• How to make an assessment of fraud risks
• How to link and update fraud risk assessment with the internal control
• Understand the process of consolidation, examination and reporting suspected breach of policies, procedures, standards and code of conduct
• How to coordinate, handle and report unethical acts in accordance with applicable standards and policies
• Understand the need to establish and maintain consolidated database of suspected irregularities
• Understand the effectiveness of fraud management environment including soft controls and fraud risk appetite

Fraud Prevention and Detection

• How to assess the design and implementation of fraud control activities

• How to review fraud detection activities

• How to use data analysis, continuous auditing techniques and other technology tools

Fraud Investigation & Reporting

• Understand the application of appropriate investigation techniques while conducting a fraud investigation
• Scenario analysis: To understand how to manage difficult and complex situation arising during investigations