"CONDUCTING AN INTERNAL FRAUD INVESTIGATION"
The International Leader in Audit and Information Security Training EARN 37 CPE CREDITS CONDUCTING AN INTERNAL FRAUD INVESTIGATION Proven Fraud Investigation Techniques for Auditors Dates: 21st - 22nd May 2007, Amsterdam THE NETHERLANDS UNCOVERING FRAUD IN CORE BUSINESS FUNCTIONS High-Payback Fraud Areas Dates: 23rd - 25th May 2007, Amsterdam COURSE DIRECTOR LEONARD W. VONA By attending this week of fraud training you will be able to: Provide assurance to your board of directors that controls are in place to prevent fraud Build a fraud risk assessment to link the COSO control model and your annual audit plan Pinpoint the areas most prone to fraud and learn the red flags of fraud as early as possible to minimise damage Implement and develop audit procedures to increase the likelihood of discovering fraud, including data mining Case Studies throughout will illustrate and enhance your learning “Brings a wealth of real life “Very good course, experience relevant to the topic” all internal auditors need to attend” Auditor, Ceska Sporitelna Global Audit Manager, Tetra Laval International WWW.MISTIEUROPE.COM SEMINAR FOCUS CONDUCTING AN INTERNAL FRAUD INVESTIGATION AND FEATURES DAY 1 DAY 2 Introduction to Fraud Forensic Document Examination Conducting an Internal Fraud Investigation Collecting and preserving documentary Investigation Understanding the language of the legal evidence community Tips on forensic document examination 22nd - 23rd January 2007, Amsterdam What exactly is fraud Types of falsified documents The legal elements of fraud? Approval signature forgery Fraud terminology In this timely two-day seminar you will Forensic accounting Conducting Fraud Interviews learn how to perform all the critical Fraud auditing vs. fraud investigation Purpose of the interview elements of the fraud investigation CPAs professional responsibilities Interview skills and methodology Skills needed to perform forensic Types of witnesses process. You will detail your responsibilities investigations Physical setting considerations as an auditor involved in a fraud Do s and don ts of Interviews Avoiding the pitfalls in investigations investigation, gain techniques for analysing Memory recall fraud, and pinpoint the pitfalls to avoid. Key Legal Definitions Types of interviews You will gain tested strategies for planning Bribery, graft, and corruption Conducting the fact-gathering interview for the fraud investigation, building your Conspiracy Conducting the confession interview investigation plan, and conducting the Fraud and false statements Components of a confession Embezzlement and theft Legal considerations in interviews investigation. You will get tips on what to False claims and contracts Kinesics and the interview process look for when conducting the fraud Planning for the Fraud Investigation interview and when examining forensic Reasons for conducting an investigation Writing the Investigation Report documentation. You will explore types of How to evaluate allegations of fraud Guidelines on writing the report evidence and examine the protocol for Investigating or defending legal actions How to illustrate damage calculations Objectives of the investigation How to avoid the pitfalls of legal language collecting electronic evidence. Throughout Investigation processes Correlating the law to the findings the seminar, case studies and exercises Reporting on fraud allegation Starting an investigation will reinforce what you learn. Strategy for conducting fraud investigations Fraud report for legal council How to develop the preliminary fraud theory Understanding legal defenses to fraud Understanding the Types of Effective techniques for analysing fraud Evidence Building the Fraud Investigation Plan How to use direct evidence Identified fraud risks How to use circumstantial evidence Connecting the audit approach to the Legal issues associated with collecting investigation evidence Implementing fraud investigation procedures Key evidence terms Proving intent through fraud concealment Electronic Evidence Conducting the Investigation What you need to know about electronic Fraud investigation team information Skills for conducting the investigation Protocol for collecting electronic evidence Selecting the right investigation theory E-mail and meta-data Preparing your work papers Electronic evidence issues What you should do when fraud is Key court cases involving electronic suspected evidence Avoiding the investigation pitfalls Best practices for seizing electronic data Advanced Investigation Topics How to search for hidden assets Indirect methods of proof COURSE DIRECTOR Circumstantial evidence techniques Covert investigation techniques Leonard W. Vona Prerequisite You should have first attended Leonard W. Vona is a financial investigator with more than 29 years of diversified Fundamentals of Internal Auditing, or auditing and forensic accounting experience, including a distinguished 15-year have equivalent experience private industry career. Learning Level His firm advises clients in areas of litigation support, financial investigations, fraud Intermediate prevention and income taxes. Mr. Vona has successfully conducted more than 100 financial investigations for some of the largest high-profile corporations in the Who Should Attend United States. Financial, External, Internal, Financial and The net result of his efforts has saved clients millions of dollars through recovery or Operational Auditors; Corporate Security defence strategies. His financial investigation experience includes embezzlement, and Investigators; Risk Management economic damage, asset theft, bribery, intellectual property, and various Personnel and Line Managers who need disbursement schemes. to gain an understanding of the growing risks of fraud.‘ Mr. Vona’s trial experience is extensive, including appearances in federal and state courts. He is qualified as an expert witness, and has been cited in West Law for Fee the successful use of circumstantial evidence. GBP £1,175 Earn 15 CPE’s ' MIS Training 2007 UNCOVERING FRAUD IN SEMINAR FOCUS CORE BUSINESS FUNCTIONS DAY 1 Contract Fraud AND FEATURES Revenue and royalty frauds How and Why Fraud Is Fraud in government contracts Committed False billing schemes in cost-plus contracts Uncovering Fraud in Core What constitutes fraud Investigation steps Business Functions How motive, opportunity, and benefit impact fraud detection Fraud in the Outsourced Function 23rd - 25th May 2007, Amsterdam Fraud theory Specifications and the fraud cycle Core business functions offer abundant Cost of fraud Indicators of fraud opportunities for undetected fraud. In this eye- Traits of the fraudster Vendor audit programmes How frauds are committed and concealed opening, three-day seminar you will pinpoint Risk points with professional providers Indicators of fraud the areas most prone to internal fraud and The fraud scheme approach identify key indicators of potential crime. You will focus on the expenditure, revenue/cash DAY 3 How to Conduct Fraud Audits receipts, treasury, inventory, travel expense, Audit approaches compared Fraud in the Payroll and Human contract, payroll and HR, computer, marketing, How fraud is concealed Resource Functions and outsourced functions as targets for 10 steps to conducting a fraud audit Major fraud schemes fraud...and high-payback audits. Sampling plans designed to detect fraud Commission, bonus, and performance frauds You will cover the methodologies used by PCAOB Standards Fraud in the payroll office those who would do you harm and focus on Key standards review Qualification/identity fraud the red flags that signal the need for an Performing and planning the audit Fraud in the fringe-benefit cycles Control assessment requirements investigation. You will learn how to implement Testing and design effectiveness and develop audit procedures that will Computer Fraud for the Non-IT increase the likelihood of discovering fraud, Connecting fraud analysis to PCAOB Auditor standards Computer fraud myths including data mining. You will also find out Internet and databases used in the how to connect fraud analysis to PCAOB Data Mining for Fraud investigation standards. Throughout this seminar, case Building the fraud profile E-commerce risk points studies will illustrate and enhance what you Using data mining techniques How computers are used in frauds learn. Designing data analysis routines Minimising fraud with prevention control Data analysis in the interview process points Analysing key master files for fraud Management Abuse Fraud in the Expenditure Cycle Professional Audit Standards for Fraud schemes in the purchasing cycle and Management Override red flags to look for Where abuse occurs How bid rigging occurs High-profile cases involving management Identifying conflicts of interest abuse Indicators of fictitious disbursements Fraud schemes occurring in accounts Fraud in the Marketing Function payable area Fraud indicators and your ad agency Internal controls designed to prevent frauds Fraud in marketing promotion programmes Case Studies DAY 2 Fraud in the Revenue and Cash Prerequisite Receipts Functions: Common You should have first attended Fundamentals of Internal Auditing Misappropriation Schemes or have equivalent experience Skimming, lapping, and adjustments schemes Risk points for diverting cash receipts Learning Level How to identify the theft and resale of Intermediate inventory Calculating losses when no audit trail exists Controls to protect company assets Who Should Attend Financial, Financial, Operational, IT, Anti-fraud principles for the revenue cycle and External Auditors; Audit Managers; Corporate Attorneys; Equipment and Asset Fraud and Information Security How to search for asset fraud professionals Misuse of assets Expenditure design for personal benefit Schemes for converting assets to cash Fee GBP £1,695 Travel Expense Fraud The top three airline ticket schemes Earn 22 CPE’s Double-billing schemes Fictitious documentation Vendor-related schemes IN-HOUSE REGISTRATION FORM TRAINING Save up to 50% on training Tailored Training for your team and Save up to 50% If you have to comply with Sarbanes-Oxley, just installed a new ERP system, recruited new staff - or maybe you are keen to secure your network, take preventative measures to counteract fraud or comply with the latest legislation. Either way if you have 5 or more people who require training on the same topic, MIS can tailor training courses to meet your exact We charge per day and NOT per participant so the cost remains the same regardless of how many people you have in your team. Please quote reference WEB Fraud Week (please photocopy form for additional delegates) 5 easy ways to register With In-House Training You 21st - 25th May 2007, Amsterdam Will: Tel: +44 (0)20 7779 8944 GBP £2,583 (SAVE OVER £250) Save money over public seminar fees in Fax completed form to: addition to savings on travel and +44 (0)20 7779 8293 accommodation costs. Conducting an Internal Fraud Investigation Save time on travel as the instructor will Email: email@example.com 21st - 22nd May 2007, Amsterdam travel to you. Furthermore, the training can Web: www.mistieurope.com be held at the most convenient time for you. GBP £1,175 Ensure the relevance of the seminar for Uncovering Fraud in Core Business Post completed form to: your organisation and industry. You may Functions Carlos Doughty, wish to tailor the structure and MIS Training, Nestor House, methodology of your seminar or customise 23rd - 25th May 2007, Amsterdam Playhouse Yard, the seminar to meet the expertise levels of GBP £1,695 London your attending employees. - 10% discount* £ EC4V 5EX UK + VAT @ 19% £ Grand Total Please send me information on: *Discounts: Government, 10% off regular fees; Groups of 3 or more, 10% off regular fees; Attend both Fundamentals of Internal Auditing, courses, 10% off regular fees. 4th-6th June 2007, London Discounts can not be used in conjunction with each other. Action Centred Internal Audit Fees must be paid in advance of the event. 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