Auditing For Internal Fraud

Duration: 90 Minutes
As reported by the Association of Certified Fraud Examiners 2016 Report to the Nations on Occupational Fraud and Abuse, organizations lose an average of 5% of their revenues to fraud. Yet, the report disclosed that only 3.8% of all frauds are detected by the external auditor. However, the thing that management depends on the detect fraud is the external audit.
Auditing for Internal Fraud
Product ID: 507872
In order to detect fraud an auditor has to: Know what fraud looks like; be able to think like a thief; maintain a healthy professional skepticism at all times; be able to recognize the risk of fraud; build your audit program to look for fraud. Auditing for internal Fraud addresses each of these areas as well as many others. Chances are that after this presentation, you will never look at an audit the same way you do now.

Objectives of the Presentation
At the end of this presentation you will be able to:
  • Distinguish between an error and a fraud
  • Recognize the indicators of fraud
  • Develop and refine an hypothecs as to how a fraud may have been committed
  • Understand the circumstances that causes an honest person to commit fraud
  • Deal with the different types of personalities of individuals you deal with in a fraud investigation
  • Understand how to prove intent
Why Should you Attend
One may wish to attend as: A business owner in order to protect your assets and maximize your profits through the prevention and detection of fraud. Or as an auditor, become aware of the indicators of internal fraud and how to go about determining if fraud has occurred and if so how did it occur and how do we prevent it in the future.

Areas Covered
  • What type of person steals and why
  • The difference between fraud and a dumb mistake
  • Ways to prove intent
  • What does fraud look like
  • The three leg table
  • The importance of the Control Environment
  • My Big Monkey Theory and why it is always correct
  • Professional Skepticism and why one should never leave home without it
Who will Benefit
  • Governance, Risk, Compliance (GRC) staff
  • CFO, Treasurers
  • Chief Risk Officers, Chief Legal Counsel, Chief Compliance Officer
  • VPs of Risk Management, VP of Finance, Controllers
  • Director, Internal audit
  • Director, Operational Risk
  • Manager, Enterprise Risk Management
  • Risk analysts
  • Information security directors/managers
  • Risk Officer
  • Compliance Officer
  • Internal and external auditors and anyone else who is interested in the prevention and detection of fraud
$300
Recorded Session for one participant
Get life time access with download option!
Book this course
Pay Now
  $450.00 Training CD
Free shipment within 4 Working Days of placing the order. Get life time access for unlimited participants.
  $550.00 Training USB Flash Drive
Free shipment within 4 Working Days of placing the order. Get life time access for unlimited participants.
For multiple location please contact our customer care team +1-510-857-5896.
How it works
Live Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • The webinar joining link, username and password for joining the webinar will be updated on your OCP Account 24 hours prior to the webinar
  • Presentation handouts in Downloadable PDF format will be updated on your OCP Account 24 hours prior to the live session
  • Login to the audio conference on the scheduled date and time
  • Get answers to your queries through interactive Q&A sessions via chat at the end of the session
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account 24 hours after the completion of the session
  • Please let us know your thoughts and views at the end of the webinar, your valuable feedback will help us improve
Recorded Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • Upon purchase of the recorded session a link will be updated on your OCP Account within 24 hours
  • Please click on the link to access the Recorded Session
  • Presentation handouts in downloadable PDF format will be updated on your OCP Account within 24 hours of the purchase of the product
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account after 48 hours of the product Purchase
  • Please share your valuable Feedback at the end of the session
Instructor Profile:
For the last several years he has developed and/or conducted training programs in all fifty states, Puerto Rico, Guam, Mexico, Canada and Europe, for organizations such as the Association of Certified Fraud Examiners; the American Institute of Certified Public Accountants; numerous state CPA societies; the Government Finance Officers Association; the Association of Government Accountants; the National Association of State Auditors, Comptrollers and Treasurers; Westcott Communications, Inc.; Western CPE; Accounting Continuing Professional Education Network; the Organization for Security and Co-Operation in Europe; IBM; HCA; NYC Presbyterian Hospital; Saturn, Inc.; Chrysler; Securities and Exchange Commission; the U.S. Department of Labor; U.S. Environmental Protection Agency; the Government Accountability Office; U.S. Office of Management and Budget; the Internal Revenue Service; US Bankruptcy Trustees; Bisk Education, Inc.; Nichols Education, Inc.; Symbion, Inc.; numerous state audit organizations; local ACFE, AGA and state CPA chapters; and individual professional firms. He frequently speaks at colleges and universities as well as various professional conferences, both on a local and national level. He has authored articles related to the detection and prevention of fraud for several national publications.

Dennis is a member of AICPA; ACFE (charter member), Middle Tennessee Chapter ACFE -Past President, current President Emeritus; AGA; Middle Tennessee Chapter AGA - Past President.

Dennis recently retired after 39 years with the Office of the Comptroller of the Treasury of the State of Tennessee as the Director of the Division of Municipal Audit where he was responsible for the audits of all local governments in Tennessee, with the exception of counties and their affiliated, units as well as conducting investigations related to fraud, waste, and abuse in local governments.

Dennis holds a B.S. in accounting from Western Kentucky University and is a graduate of the Tennessee Government Executive Institute (TGEI).
View More