Together, Reducing Fraud Worldwide
Principles of Fraud Examination
7:30 a.m. - 8:00 a.m.
Registration -Continental Breakfast
8:00 a.m. - 9:20 a.m.
Investigation – Planning the Investigation The steps to a successful fraud investigation, including the skills to complete the process and complete the investigation, are important to the end result: prosecution and restitution. This session will cover the discovery process (document collection and examination), the confirmation process and the admission-seeking interview of the suspect.
Financial Transactions – External Threats
Digital data is vulnerable to attack. It can be stolen by thieves or lost due to poor security procedures. Also, businesses are finding that their identities are being misused to obtain sensitive information or credit. This session will discuss some of the common external threats companies face today.
Fraud Prevention and Deterrence – Causes of Fraud
A key element in fraud is the understanding of human behavior – why some people turn to crime and fraud while others don't. During this session, you will study several types of behavioral, psychological and social theories of why fraud occurs.
Investigation – Admission-Seeking Interviews Now, you are ready to complete your investigation. You have all your evidence and are ready to interview the primary suspect and obtain an admission of guilt during the interview. Sound simple? Once again, preparation, legal elements and physical evidence all are key to this interview's success or failure.
9:20 a.m. - 9:35 a.m.
9:35 a.m. - 10:55 a.m.
Financial Transactions – Occupational Fraud Schemes
To resolve allegations of fraud, you must know what schemes are used to defraud organizations. This session shows you how to recognize internal schemes such as asset misappropriation, embezzlement, corruption, fictitious disbursements and financial statement fraud.
Legal Elements – Legal Issues
A fraud examiner must know the legal ramifications of conducting an investigation. This session will include an overview of the rights and duties of an employer and an employee, as well as civil litigation that may arise from improper actions. Privacy issues will also be reviewed.
Financial Transactions – Fraud Risk Assessment
An important part of fraud prevention is proactively looking for vulnerabilities within an organization. This session will provide you with ideas and tools to conduct a basic fraud risk assessment for your clients or employers.
Investigation – Signed Statements/Report Writing At the conclusion of your investigation, a detailed report is almost always required. A fraud examination report varies considerably from the traditional audit report and knowing the difference is critical. You must assume your report will be seen by insiders and outsiders, and you may even be asked to testify about it in court. In this final session, you will learn what to write as well as what to never to put on paper. Developing these communication skills is one of the most important things a fraud examiner can do.
10:55 a.m. - 11:10 a.m.
11:10 a.m. - 12:30 p.m.
Legal Elements – Legal Elements of Fraud
This session will explore the basic legal concepts of fraud examination. We will examine the legal definition of fraud, as well as several criminal and civil statutes that may affect your work.
Financial Transactions – Analyzing and Managing Financial Information
New tools and techniques for analyzing data, especially on a large scale, are being developed all the time. In this session, get an overview of some software analytical tools to detect illicit transactions. In addition, software to help prepare and organize cases will be reviewed.
Fraud Prevention and Deterrence – Prevention of FraudDo you know the difference between prevention and deterrence? What actually stops fraud from occurring? Understand some of the psychological and sociological elements in both prevention and deterrence.
Legal Elements – TestifyingAll fraud examinations must begin with the assumption that your case will go to trial. Learn the principles associated with direct and cross examination, as well as the "Ten Commandments" of testifying.
12:30 p.m. - 1:30 p.m.
Lunch on Your Own
1:30 p.m. - 2:50 p.m.
Financial Transactions – Financial Statement Fraud
Financial statement fraud is potentially the largest type of fraud in terms of total monetary loss for an entity. This session will discuss the schemes and red flags associated with financial statement fraud, as well as the appropriate analytical tools and techniques to detect it.
Investigation – Computer Forensics
Since virtually all information is stored in electronic format today, understanding how to preserve and retrieve this information is essential to the fraud examiner. The session will provide you an overview of how electronic information can be secured and gathered to make your case.
Investigation – Investigating on the InternetWith the proliferation of information, documents, and records now available on the Internet, fraud examiners must be aware of the best sources and techniques used to find online clues. This session will explore numerous Internet resources available to the fraud examiner, including advanced search engine techniques, online public records, and social media search tools.
2:50 p.m. - 3:05 p.m.
3:05 p.m. - 4:25 p.m.
Legal Elements – Rules of Evidence Regardless of what information you discover, you must be familiar with the rules of evidence to know if your findings will be admitted in court. You will examine several evidentiary principles and identify how each relates to fraud examination.
Investigation – Interviewing Prospective Witnesses
You cannot prepare enough for your interviews. Developing the right questions in the right sequence can produce very beneficial results. Here, you will see how the various environmental and psychological factors can enter into the simplest of interviews and whether a suspect or a confirming witness preparation and follow-up is key.
Investigation – Evaluating Deception
The psychology of deception is very complex and often manifests itself through verbal and non-verbal cues. Learn why observation is critical during the entire investigation but more so during the interviewing process.
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