Fraud risk and the internal auditor

Fraud is a major business risk for all organisations – public, private and third sector, and is estimated to cost the UK economy over £38 billion each year.

Part of the internal auditor’s role is to give independent assurance to management on the effectiveness of the processes put in place to manage the risk of fraud. Understanding both traditional and new fraud risks and their potential impact upon the organisation, can help internal auditors do this.

The aim of this course is to provide participants with a timely update on new and emerging fraud trends and how internal audit can make a valuable contribution in this key area of fraud risk management.

Who should attend?
Auditors, risk managers and other professionals of all levels who require a greater understanding of fraud risk management.

How will this course benefit you?
Upon completion you will be able to:
• identify risks which could result in fraud
• provide recommendations to executive / senior management in managing fraud risk
• identify warning signs of fraud in operational audits
• develop audit programmes to look at fraud issues