Fraud: What to look for and where to Look

Overview:

Fraud is a threat to every organization. It can cost into the millions of dollars. And as an internal auditor, we have to constantly be on the lookout for it. Every major audit standard has some kind of fraud provisions that auditors are required to follow. You cannot get around it. It starts with the planning process and carries on throughout the audit engagement. Every auditor should be familiar with the key fraud red flags and the major fraud schemes.  

Why should you Attend:

Every internal auditor is required to look for indicators of fraud in every audit engagement. Every major audit association has a standard that addresses fraud and how the auditor should handle it. That means that the auditor should be aware of the various audit schemes and what to look for. This webinar will discuss the various fraud schemes and the areas where they are likely to be found.  

Areas Covered in the Session:

This session offers information to assist audit professionals in looking for and addressing frauds in their organization. 

We’ll look at:

• Audit standards relative to fraud
• The three factors generally found in every fraud
• The three overarching fraud schemes and the key sub schemes
• Key survey information on fraud including:
• • The likely persons to commit frauds
  • The likely areas where frauds are committed 
  • The likely schemes they use
  • And the red flags to look for

Who Will Benefit:

• Fraud Investigators
• Audit Directors
• Audit Supervisors
• Audit Managers
• Staff Auditors
• Government Auditors
• Compliance Auditors
• Internal Control Specialists
• Public Accountants
• Accounting Analysts
• Business Analysts
• Quality Control Specialists