WORKSHOP ON CORRUPTION/FRAUD PREVENTION, FORENSIC AUDIT AND INVESTIGATIONS

Overview

Kenya’s Corporate is tackling a wide range of issues;pervasive technology, escalating expenditure, procurement irregularities, weak revenue streams, increased demand for value and weak governance.These can be worsened by fraud and corruption, which can cause financial losses, reputational damage and erode employee morale. As the demand for transparency and the government’s war on corruption intensifies, internal audit functions can play a more significant role in supporting the fight against fraud.
Our Institute (The Institute of Internal Auditors (IIA)) defines the role of internal audit with regards to fraud as providing objective assurance to the Board and management that fraud controls in place in the organisation are sufficient for identifying fraud risks and are functioning effectively.
This definition recognizes that we should not confuse the role of internal audit with that of management. Management’s role is to establish and maintain an effective system of internal control to prevent, deter and detect fraud.This workshop promotes discussion of potential ethical dilemmas that auditors may encounter and how to audit the ethical climate of an organisation.

KEY TOPICS

1.    The Auditor’s Role in Corruption/Fraud Prevention and Deterrence
•    Linkage between organization culture and corruption and fraud prevention
•    Essential components of an organizational Anti-Fraud Campaign.
•    Why anti-fraud controls fail — and what auditors can do about it.
•    A response to common “flawed fraud beliefs.”
•    Leading a comprehensive Anti-Fraud Campaign while respecting audit objectivity and independence.

2.    Fraud Risk Management: a Preview of Realities Vs Expectations
•    Establishing fraud risk management maturity level
•    Establishing areas of high risk of fraud (wet areas)
•    Integrating anti-fraud controls with control framework

3.    Forensic Examination
•    Why we miss fraud and wrongdoing in our audits
•    The significance of the 3C’s of fraud schemes
•    The Three-Step Fraud Detection approach:
•    Fraud Detection interviewing techniques.
•    The Red Flags of Fraud: are they wavering in your organization.
•    Audit Issues in Fraud Incidence Response and Investigation

4.    Fraud Risks in Procurement,
•    Why is procurement a wet areas in terms of fraud
•    Fraud schemes pre, during and post procurement
•    Frauds relating to contracting and contract management,
•    Role of internal audit in preventing and detecting procurement fraud
•    Third-Party Relationships and the Associated Frauds.

5.     Fraud Prevention, detection and Investigation in the cyber world: Auditing Social Media and Cyber Threats

6.    Ethical challenges for auditors:
•    Understand how ethics & integrity play a crucial role in the deterrence of fraud and corruption within organizations
•    The Mindset of a Fraudster

7.    Proceeds of Crime and Anti-Money Laundering Act: What the Internal auditors need to know.
8.    The Modern Day Lie Detection:
•    Why Lying is Socially Acceptable
•    Interviewing  and Questioning Techniques

Date and Venue
The workshop will be held on 19th to 21st September 2018 at the Flamingo Beach Resort, Mombasa. Charges are Kshs. 50,000 and Kshs. 55,000 per person for members and non-members respectively. The charges are subject to VAT. Members in attendance will earn 20 Hours of CPD.

NITA: The Institute is registered with National Industrial Training Authority (NITA/TRN/358(25b).

Calling: Internal Auditors at all levels, forensic auditors/investigators, external auditors and finance professionals

For reservation please visit www.iiakenya.co.ke or call us on +254721615863/742143913. Please note that the last day on which reservations are accepted is 4 days before the date of the event.