IA Professional Series - M12 - Fraud Auditing (PowerPoint PPTX Slide Deck)

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BENEFITS OF THIS POWERPOINT DOCUMENT

1. Provides comprehensive fraud risk assessment frameworks using the Fraud Triangle and Diamond models with risk factor checklists and heat map methodologies enabling systematic identification of fraud vulnerabilities across all business areas.
2. Delivers practical data analytics procedures including Benford's Law analysis, duplicate payment detection, ghost employee testing, and journal entry analytics enabling efficient detection of fraud patterns across entire transaction populations.
3. Equips professionals with fraud-focused audit procedures by scheme type, investigation referral protocols, evidence preservation requirements, and comprehensive anti-fraud control catalogs with real-world case studies for immediate organizational applicat

AUDIT MANAGEMENT PPT DESCRIPTION

This product (IA Professional Series - M12 - Fraud Auditing) is a 50-slide PPT PowerPoint presentation slide deck (PPTX), which you can download immediately upon purchase.

The Internal Audit Professional Series is a comprehensive 18-module training program designed to transform internal audit professionals from foundational competence to strategic excellence. Developed and published by Business Excellence, a leading advisory and consultancy firm specializing in internal audit, risk management, corporate governance, and business strategy, this series delivers practical, actionable knowledge aligned with the Global Internal Audit Standards (GIAS 2024).

Module 12: Fraud Auditing provides comprehensive detection, investigation, and prevention methodologies for internal auditors. This module equips professionals with practical frameworks for assessing fraud risk, recognizing warning signs, applying data analytics, and recommending effective anti-fraud controls.

This module covers 7 comprehensive sections:

1. Fraud Risk Assessment Process – Understanding fraud risk through the Fraud Triangle and Diamond frameworks covering pressure, opportunity, rationalization, and capability. Includes fraud scheme identification by business area, comprehensive fraud risk factor checklists, and fraud risk heat map development methodology.

2. Red Flag Recognition Guide – Spotting warning signs through behavioral red flags checklists covering financial lifestyle indicators, work behavior patterns, and relationship indicators. Features transactional anomaly indicators, documentation red flags, and guidance on handling lifestyle and financial pressure observations.

3. Data Analytics for Fraud Detection – Using data to find fraud through Benford's Law application procedures, duplicate payment detection queries, ghost employee identification tests, and journal entry testing procedures targeting high-risk characteristics like round amounts, unusual accounts, and after-hours entries.

4. Fraud-Focused Audit Procedures – Testing for fraud by scheme type including asset misappropriation (cash schemes, billing schemes, inventory theft), corruption schemes (bribery, kickbacks, conflicts of interest), and financial statement fraud (revenue manipulation, concealed liabilities, asset overstatement). Includes surprise audit protocols and fraud scenario testing methodology.

5. Investigation Referral Protocols – Managing suspected fraud through escalation decision frameworks, investigation handoff procedures, evidence preservation requirements including chain of custody documentation, physical evidence security, and electronic evidence preservation protocols.

6. Interview Techniques for Fraud – Questioning techniques including cognitive interview methodology for witnesses, admission-seeking interview structure guidance, and witness interview protocols with documentation requirements and corroboration procedures.

7. Anti-Fraud Control Recommendations – Preventing future fraud through comprehensive fraud prevention control catalogs covering segregation of duties, authorization limits, physical controls, reconciliations, management oversight, and system controls. Features fraud deterrence program elements, whistleblower program assessment checklists, and fraud awareness training design frameworks.

This module includes ready-to-use tools such as fraud risk factor checklists, fraud risk heat maps, behavioral and transactional red flag checklists, data analytics queries for duplicate payments and ghost employees, fraud testing procedures by scheme type, investigation escalation frameworks, evidence preservation protocols, anti-fraud control catalogs, and recommendation templates with real-world case studies.

The Internal Audit Professional Series progresses through four levels: Foundation (Modules 1-5), Core Processes (Modules 6-10), Specialized Practice (Modules 11-14), and Advanced Application (Modules 15-18). Save significantly by purchasing the complete 18-module bundle.

Source: Best Practices in Audit Management, Fraud PowerPoint Slides: IA Professional Series - M12 - Fraud Auditing PowerPoint (PPTX) Presentation Slide Deck, Amer Morgan