Fraud Risk Assessment and Forensic Auditing

Auditors and managers must detect and prevent fraud proactively. This course gives practical tools to assess fraud risk and investigate suspicions.

• Difficulty translating subject knowledge into practical workplace decisions.
• Inconsistent approaches to the activities covered in the course outline.
• Lack of a structured plan for applying and reviewing new skills.

The course uses fraud case studies, risk assessment workshops, data analytics exercises and evidence handling scenarios.

By the end of this course, participants will be able to:

• Explain common fraud schemes and the fraud triangle
• Conduct fraud risk assessments
• Evaluate anti-fraud controls
• Recognise fraud red flags
• Apply forensic audit and analytics techniques
• Handle evidence and report findings

This course is suitable for:

• Internal auditors
• Fraud examiners and investigators
• Compliance professionals
• Finance managers
• Risk managers

Participants will develop competencies in:

• Fraud schemes knowledge
• Fraud risk assessment
• Control evaluation
• Red flag detection
• Forensic techniques
• Evidence handling