AA80 ● Audit and Fraud I Insight sign𝒾𝓃sight

While fraud is not the main focus of an audit, the auditing standards do require auditors to have sufficient knowledge to assess the risk of fraud and how it is managed by the organisation..

Objectives

The purpose is to provide guidance to auditors in the context of irregularities, fraud, corruption, and any other illegal activities.

To acquire the competence to assess the possibility of fraud and the way these risks are managed by the organisation.

To learn that there is a likelihood of material error, fraud or non-compliance.

Content

This course gives provides you an overview of the fraud context and an insight into internal audit fraud related activities:

  • Introduction: Understanding Fraud (Fraud Triangle); The Role of Internal Audit; IIA Position
  • Fraud scenarios and risks:
  • Fraud governance: roles and responsibilities, control lines, awareness...
  • Assessment as a business risk
  • Internal ccontrols
  • The specificity of IT risk
  • Organisation of the fight against fraud
  • Risk prevention and reporting of red flags
  • IT means of detecting fraud: use of audit software
  • Legal and regulatory obligations: Anti-Money Laundering and Whistleblowing

Target audience

  • Internal auditors;
  • IT/IS Auditors;
  • Auditors managers;
  • Internal control;
  • Risk managers;
  • Business and IT staff who want to learn about fraud risks and controls,

Prerequisites

Participants should have a basic audit experience.

Trainer

Patrick Soenen, professional in risk management, audit and fraud.

Training duration

The standard training lasts 1 day and can of course be adapted to your requirements.

Dates

Have a look at our training calendar for the next training dates

General information

  • Continuing Professional Education: 7 CPE hours.
  • Course level : This course corresponds to level 2 "Understanding" on the 6 level scale of Bloom's taxonomy, a hierarchy used to classify educational levels.
  • References: IIA Belgium, Belgian Railways.
  • We can coach your staff in auditing outsourcing risks and strategy.
  • We would welcome the opportunity to make you a tailored offer.

 

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