Fraud is a serious problem organizations need to prepare for and looking for.

Any Internal Audit function needs support management's efforts to establish a culture that embraces ethics, honesty, and integrity. Internal Auditors assist management with the evaluation of internal controls used to detect or mitigate fraud, evaluate the organization's assessment of fraud risk, and are involved in any fraud investigations.

What is forensic accounting and how does the Internal Audit function approach its detection and investigation?

This CPE Event provides an overview of the concepts along with the techniques and processes used by forensic accounting to identify whether fraud has occurred.

This timely, CPE training seminar is designed for the accountant or internal auditor who has to be aware of how to approach using Forensic Accounting in their audit function.

Seminar Highlights

- Internal Control Principles and Fraud Management

- Forensic Accounting Skill Set

- Understanding the people that commit fraud

- Overview of fraud classification

- Financial Statement Fraud Analysis

- "Best Practice" Anti-Fraud Controls

- Using Software Tools to examine "Big Data"

- Using Software Tools to examine "Metadata"

Learning Objectives

- Attendees will understand how forensic accounting is part of the internal auditor function.

- Attendees will learn how to identify fraud risks

- Attendees will review best practices in fraud prevention and detection programs

- Attendees will what software tools are available for the forensic project.

Key Issues on the Agenda

Introduction

Section 1 - Internal Control Frameworks for Fighting Fraud

- What is Corporate Fraud?

- What is Forensic Accounting?

- Forensic Accounting Skill Set

- Forensic examination services

- COSO "Fraud Risk Management" Model

- External Auditor's Responsibilities

Section 2 - The Fraud Perpetrators

- Things that do not prevent fraud.

- "Violators of Trust"

- "The Fraud Triangle"

- Who are the "Fraud Perpetrators"?

- Where is the "Fraud"?

- Behavioral Red Flags

- Fraud Discovery

Section 3 - Fraud Classification

- Asset Misappropriation

- Corruption

- Financial Statement Fraud

Section 4 - Financial Statement Fraud Schemes

- Top Reasons to cook the Books!

- Methods for testing for fraud

- Examples of how financial fraud is committed

- Forensic tests of financial transactions

Section 5 - Preventing and Detecting Financial Statement Fraud

- Prevention

- Detection

- Forensic Techniques

- Forensics: Financial Ratio Analysis

- Forensics: "Monday Tracing"

- Benford's Law of Numbers

- How to think like Mark Nigrini, PhD, MBA

- Computer Forensics

Section 6 - "Best Practice" Anti-Fraud Controls

- How are frauds concealed?

- Having a process to report fraud and other activities

- Fraud Policy

- Corporate Code of Conduct

- Segregate Incompatible Duties

- Internal Audits

- Confirmations

- Physical Security

- Human Resources Policies

- Vendor Management

- "Tone at the Top"

- Information Security

- Controls over Money Laundering (AML)

Section 7 - Software Tools and Techniques for Fighting Fraud

- Fraud Examination Software

- Forensic, Data Extraction and Analysis Tools

- Case Management Software

Section 8 - Creating a Fraud Risk Assessment

- The Heat Map - 80% - 15% - 5% Rule

- Where in the organization's functions will the fraud occur?

Section 9 - Forensic Examinations

- Electronic Data Recovery (EDR) Model

- Metadata Extraction

- Metadata Extraction Tools for PDF files

- Metadata Extraction Tools for Image files

- Metadata Extraction Tools for general files

- History and Custody of Documents and Files

- Document Examination

- Social Media Research

- T&E Forensic Analysis Example

Section 10 - Summary and Wrap-up

Corporate Compliance Seminars has been created by experts who enjoy providing CPE classroom training, workshops and consulting on internal controls, internal auditing and accounting related subjects. We have focused on SOX, COSO, PCAOB, COBIT, GRC, IFRS, AICPA, GAO and IIA Standards.

Our programs are CPE for professionals with CPA, CGA, CIA, CFE, CISA, CMA and CA designations.

Corporate Compliance Seminars presents CPE to auditors, compliance and IT professionals, Boards of Directors and Audit Committees. We examine the details of risk management, Sarbanes-Oxley Act compliance, Model Audit Rule compliance, auditing, internal controls, IT security and compliance, and fraud prevention and detection.

Corporate Compliance Seminars allows the attendee to earn Official NASBA CPE credit.

Our seminars focus on the details of the Sarbanes-Oxley Act of 2002 (SOX), Internal Controls over Financial Reporting (ICFR), Committee of Sponsoring Organizations of the Treadway Commission (COSO) Internal Control Frameworks, ISACA's Control Objectives over Information Technology (COBIT), Information Technology Infrastructure Library (ITIL), Open Compliance & Ethics Group's (OCEG) Governance, Risk & Compliance (GRC) methodology, PCAOB's Auditing Standard 5 (AS5), AICPA auditing standards and the future conversion from GAAP to the International Financial Reporting Standards (IFRS).

Our seminars provide CPE for the CPA, CFE, CIA, CISA, auditors and others with effective and engaging training.'

"Please contact the event manager Marilyn (marilyn.b.turner(at)nyeventslist.com ) below for:

- Multiple participant discounts

- Price quotations or visa invitation letters

- Payment by alternate channels (PayPal, check, Western Union, wire transfers etc)

- Event sponsorships

NO REFUNDS/TRANSFERS ALLOWED ON REGISTRATIONS

Prices may go up any time. Service fees included in pricing.

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This event is brought to you by:

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