The document outlines the objectives and types of investigations, defining investigation as a systematic process to uncover truth and solve problems. Key objectives include detecting fraud, ensuring compliance, and improving operations, with investigations categorized into internal and external types. It also mentions specific auditing investigations such as routine, forensic, internal, and special investigations aimed at ensuring transparency and regulatory adherence.

1. INVESTIGATION
OBJECTIVES
TYPES

2. DEFINITION OF INVESTIGATION
• Definition of Investigation
• Content:
• Investigation refers to a systematic process of examining facts, records,
and activities to uncover the truth or solve a particular problem.
• It involves collecting evidence, interviewing witnesses, and analyzing
data to make informed decisions.
• Investigations can be conducted internally or externally depending on
the nature of the issue.

3. OBJECTIVES OF INVESTIGATION
• Uncovering Fraud or Mismanagement: Detecting and preventing
fraudulent activities or unethical practices.
• Ensuring Legal and Regulatory Compliance: Ensuring the
company follows laws and regulations, avoiding legal issues.
• Providing Evidence for Legal Proceedings: Collecting crucial
information for potential lawsuits or regulatory actions.

4. OBJECTIVES OF INVESTIGATION
• Improving Business Operations: Identifying inefficiencies or
weaknesses in business operations.
• Protecting the Interests of Stakeholders: Safeguarding the
interests of shareholders, employees, and customers.
• Maintaining Organizational Integrity: Ensuring that the company
operates with transparency and upholds ethical standards.

5. TYPES OF INVESTIGATION
• Internal Investigation: Conducted within the organization by the
company’s own team or internal auditors.
• Focus on internal controls, financial records, and employee behavior.
• External Investigation: Conducted by external professionals,
auditors, or regulatory bodies.
• External investigations ensure objectivity and compliance with
industry standards.

6. ROUTINE AUDITING INVESTIGATIONS
• Purpose: To verify the accuracy and completeness of financial
statements.
• Methods: Detailed examination of transactions, financial records,
and internal controls.
• Objective: Ensure financial statements adhere to applicable
accounting standards (e.g., GAAP or IFRS).

7. FORENSIC AUDITING INVESTIGATIONS
• Purpose: To uncover fraudulent activities, financial crimes, or
misappropriation of assets.
• Methods: Data analysis, interviews, and forensic tools to trace
fraudulent transactions.
• Objective: Gather evidence for potential legal proceedings or
regulatory actions.

8. INTERNAL INVESTIGATIONS IN AUDITING
• Purpose: Conducted by the company’s internal audit team to
examine operations, policies, and compliance.
• Methods: Reviewing internal controls, conducting risk
assessments, and interviewing staff.
• Objective: Identify inefficiencies, non-compliance with policies,
or potential fraud internally before it escalates.

9. SPECIAL INVESTIGATIONS IN AUDITING
• Purpose: These are investigations outside the routine audit scope,
triggered by specific concerns.
• Methods: Focused procedures on specific areas of concern such as tax
issues, conflict of interest, or related party transactions.
• Objective: Provide in-depth analysis in specific areas, ensuring
adherence to regulations and corporate governance principles.