Online Training 2015 - Guidelines to aid Fraud Risk Assessment and Internal Fraud Investigation - By Compliance Global Inc

Overview:
Performing a Fraud Risk Management can seem like a daunting task for an organization. In reality, it can be done using a template and brainstorming with internal auditors, certified fraud examiners and business unit leaders throughout your organization. It doesn’t require having a CFE but it does help to have some exposure to fraud auditing and a mind for coming up with schemes that can occur in any control environment. The Fraud Risk assessment can be built to tie in with current Sarbanes Oxley Internal Controls to help companies assess whether the current control environment can help deter fraud from occurring.
Internal Fraud investigations can cause a lot of stress for an auditor, but simply following a set of guidelines can help to assure that the proper sequence of events occurs during the investigation process. It can sometimes determine the success or failure of an internal investigation.
Why Should You Attend:
With an increased awareness of fraud and the ongoing cost to organizations, an entity wide fraud risk assessment is imperative to all organizations. According to the Association of Certified Fraud Examiners (ACFE) “Report to the Nations on Occupational Fraud and Abuse” published in 2012, it predicted that 5% of an organization’s revenue is lost to fraud. Performing a fraud risk assessment is doable, and can provide internal audit and its organization peace of mind for having gone through the process. Once it is completed, it only requires an annual review for additions of possible new fraud schemes and results from internal audit anti-fraud projects conducted during the year.
Internal Fraud investigations are stressful, no matter what the situation; someone has been accused of something that is against the internal code of conduct. Having a template to follow in order to conduct a proper investigation is an integral part of conducting a complete and accurate investigation. When performed in the sequence that will be provided in class, a complete and accurate investigation can be the result.
Areas Covered in the Session:
They key components of a Fraud Risk Assessment and Management Program
The template for a fraud risk assessment and examples of typical fraud schemes
How the template ties with Sarbanes Oxley Controls
Brainstorming your industry and the unique types of frauds that can occur
Confidential Investigation Guidelines
The proper steps to conducting an internal investigation
Commonly asked questions of a respondent
Learning Objectives:
To be able to Create a Fraud Risk Assessment and perform an internal Fraud Investigation
Who Will Benefit
This webinar will provide valuable assistance to all personnel in:
Performing a Fraud Risk Assessment
Conducting an internal Fraud investigation
Level:
Beginner
For more detail please click on this below link:
https://www.complianceglobal.us/product/700042
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