Fraud is a major problem affecting businesses around the world each year. While it may be impossible to totally eliminate fraud, much can be done to minimize the risk of, and opportunity for fraudulent activity. To minimize risk, the root causes of fraud must be understood, including the possible pressure or crisis of need on the part of the fraudster, the opportunity to commit fraud, and the willingness to rationalize the act. This 4-day program offers you the opportunity to acquaint yourself with the understanding and skills as well as the tools you need to cooperate with management to fight and reduce significantly the risks and ill effects of fraudulent acts at the workplace

1. Fraud Auditing Boot Camp
Acquiring the techniques to uncover fraud before it covers your organisation
Empowering Corporate Governance, Audit, Compliance and Control Professionals
Course Description
Fraud is a major problem affecting businesses around the world each year. While it may be impossible to totally eliminate fraud, much can be done to minimize
the risk of, and opportunity for fraudulent activity. To minimize risk, the root causes of fraud must be understood, including the possible pressure or crisis of
need on the part of the fraudster, the opportunity to commit fraud, and the willingness to rationalize the act. This 4-day program offers you the opportunity to
acquaint yourself with the understanding and skills as well as the tools you need to cooperate with management to fight and reduce significantly the risks and
ill effects of fraudulent acts at the workplace.
Course Profile
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1. Understanding Fraud
 Occupational fraud facts/myths
 Highlights of the 2010 RTTN
 The Profile of a Fraudster
 The Fraud Auditor
 Principles of Fraud Theory
 The ATM approach to Fraud
2. The Fraud Audit
 Defining an Audit
 Defining Fraud
 Fraud Audit defined
 The Fraud Triangle
 Fraud Schemes
 The Fraud Circle
 Fraud Concealment Strategies
 Fraud Conversion
 Fraud Auditing Standards
 Fraud Risk Assessment
3. Developing the Fraud Audit Program
 Traditional Audit v Fraud Audit
 Fraud Scenarios
 Fraud Risk Structure
 Primary Fraud Classifications
 Fraud Audit Procedures
4. Data Mining for Fraud
 Data mining strategies
 Data mining limitations
5. Analyzing Documents
 Document Examination
 Document Red Flags
6. Disbursement Fraud
 Fraud Risk Structure
 Audit Procedures
7. Procurement Fraud
 Fraud Risk Structure
 Audit Procedures
8. Revenue Misstatement
 Fraud Risk Structure
 Audit Procedures
9. Inventory Fraud
 Fraud Risk Structure
 Audit Procedures
10. Program Management Fraud
 Fraud Risk Structure
 Audit Procedures
11. Quantifying Fraud
 Communicating to Management
 Using Evidence to compute fraud loss
 What Management Can Do
 Implementing a Corporate anti-Fraud Program
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Target Audience: Internal and External Auditors, Investigators, Compliance and Control Specialists and Accountants.
Program Fee: GHS 1300 (VAT exclusive), covers 2 snacks, lunch, course handouts and sample auditing tools and templates.
Venue: Sunlodge Hotel, Tesano, Accra, Ghana.
Call 050 918 2721 or send email to info@altumtc.com for further enquiries.