Fraud investigations and Forensic Audit

Whistleblowing is the most effective mechanism to notice fraud, while monitoring shortens frauds, and the course advocates an integrated anti-fraud program plus investigator skills.

Outline a balanced anti fraud program with a code of ethics, hotline, and monitoring to prevent, deter, and detect fraud, guiding forensic investigations with coordinated ethics and efficiency.

Examine organized crime modalities outside the victim organization, from financial fraud and money laundering to extortion and phishing, and outline investigative approaches using internal and external information.

Explore occupational fraud, including misappropriation of assets, corruption, and fraudulent statements, and see how insiders and external partners drive these schemes. Understand how on-book and off-book fraud differ, and how internal controls, whistleblowing, and external auditors detect and address losses.

Explore how incentives, authority, and controls shape ethical behavior and corruption, from conflicts of interest to bribes, and how codes of ethics and whistleblowing deter misconduct.

Explore how to start a fraud investigation by assessing client evidence, gathering external and internal data, and a board-level decision to recruit the right investigative team and strengthen anti-fraud controls.

Learn the end-to-end fraud investigation process, from data gathering and source evaluation to reporting, using open and restricted sources, surveillance, and the involvement of forensic auditors.

Explore the forensic auditor as an investigator with accounting and audit skills embedded in investigation teams, assessing fraud through direct and indirect evidence, interviews, and walk-throughs.

Explore how fraud investigations document and report findings, using relationship, circulation, and linked-transaction diagrams to map money flows, detect corruption, and support forensic auditing.