Forensic Auditing for Internal Auditors: Advanced Techniques in

Introduction

Forensic auditing is an important aspect of the internal audit function and is critical in detecting and preventing fraud and other irregularities. In this course, internal auditors will be provided with the knowledge and skills necessary to perform forensic audits using advanced techniques. The course will focus on advanced techniques for detecting and preventing fraud and other irregularities, as well as how to conduct fraud investigations.

Outputs

Upon completion of this course, participants will be able to:
- Apply advanced forensic auditing techniques and methods to detect and prevent fraud and other irregularities
- Conduct comprehensive fraud investigations
- Evaluate and implement internal control measures to reduce the risk of fraud and other irregularities
- Develop and implement a fraud risk management program
- Prepare reports and presentations on the results of forensic auditing activities

Objectives

The objectives of this course are to provide participants with the knowledge and skills necessary to:
- Develop a comprehensive understanding of advanced forensic auditing techniques and methods
- Conduct comprehensive fraud investigations
- Evaluate and implement internal control measures to reduce the risk of fraud and other irregularities
- Develop and implement a fraud risk management program
- Prepare and present reports and presentations on the results of forensic auditing activities

Who Should Attend this Course

This course is designed for internal auditors who are looking to enhance their knowledge and skills in forensic auditing. It is also suitable for those who are involved in fraud prevention and detection, as well as senior management personnel who are responsible for fraud prevention and detection.

Outline for 5 Days

Day 1: Overview of Advanced Forensic Auditing Techniques

- Introduction to advanced forensic auditing techniques
- Understanding the role of forensic auditing in the internal audit function
- Key concepts and principles of advanced forensic auditing techniques
- Overview of the forensic auditing process

Day 2: Fraud Prevention and Detection

- Understanding fraud and its impact on organizations
- Evaluating and implementing internal control measures to prevent fraud
- Identifying red flags and warning signs of fraud
- Implementing a fraud risk management program

Day 3: Advanced Fraud Investigation Techniques

- Understanding the fraud investigation process
- Advanced techniques for gathering and analyzing evidence
- Interviewing witnesses and suspects
- Presenting findings and recommendations

Day 4: Report Writing and Presentation Skills

- Preparing and writing effective forensic audit reports
- Developing clear and concise presentations
- Presenting findings and recommendations to senior management and stakeholders
- Communication and negotiation skills in presenting findings and recommendations

Day 5: Advanced Topics in Forensic Auditing

- Applying advanced forensic auditing techniques to specialized areas such as cybercrime, money laundering, and other financial crimes
- Emerging trends and developments in forensic auditing
- Best practices and case studies in forensic auditing
- Final review and examination.

Throughout the course, participants will have the opportunity to work on practical exercises and case studies to apply the concepts and skills they have learned. The course will also include interactive discussions and opportunities for participants to share their experiences and insights.