EIMF Seminar on ‘How Internal Auditors Can Recognise and Assess Fraud’

EIMF has announced one of the most critical seminars of the season in the Audit sector, one that enhances the skills of auditors in identifying fraud in operations and recognise the ‘red flags’ during the audit.

The environment in which most companies must operate nowadays comprises, among others, the risk of fraud, a very determinative risk that management must face when this arises.

A critical role in that effort falls on the Internal Control System for Fraud deterrence and the Internal Audit that needs to have specialized knowledge on fraud issues and the use of specialized techniques to be able to investigate it. In addition, Senior Management has the duty to assess the various potential fraud risks and then establish preventive controls in all risky areas setting the Tone at the Top.

This seminar will offer participants information on numerous fraud schemes and an understanding of how to assess the fraud risk, how to recognise ‘red flags’, how to investigate and write the fraud audit reports using practical and real-life examples.

·        EIMF SEMINAR 04/04/2023: How Internal Auditors Can Recognise and Assess Fraud

Participants will learn how to adopt a more critical sceptical mind-set on their engagements, particularly during audit planning and the evaluation of audit evidence. Following the seminar, participants will approach fraud risks with a more sceptical attitude and questioning mind.

This course has been designed for Professionals of all levels working in Internal Audit Units (inspectors, internal auditors, officers), Professionals employed in Compliance Units, External auditors, Audit Committee members, Security professionals, Risk Management analysts, Line Managers and generally officers that are experienced in Internal Control Systems.

The programme is designed to deliver knowledge and enhance participants’ skills via short lectures, case-studies, practical examples, real-life simulations. Participants will also benefit from customised feedback at the end of the programme and take away the knowledge gained to be transferred to their workplace.

Most of the training’s time will be invested in analysing a real-life case study that will help participants understand how to solve problems in similar occasions.

This programme may be approved for up to 7 CPD units in Internal Audit. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

The course will be delivered by Mr Konstantinos Triantafyllides