Embedding Fraud Detection into Internal Audit
Overview
Online
Description
Anti-fraud expert Mary Breslin discusses the importance of incorporating fraud detection into internal auditing procedures. By understanding the basics of fraud, fraud characteristics and red flags, you will learn how to better detect fraud as an internal auditor. Additionally, you will learn how to maximize the value of every audit through employing engagement risk assessments.
Prerequisites
None
You Will Learn How To:
Recognize the importance of creating a valid fraud risk assessment for each engagement and how to create one
Identify best practices in internal auditing and fraud prevention
Recognize how schemes can be detected in accounts payable, payroll, sales and revenue
Recall the significance of the Fraud Tree, Fraud Triangle and red flag fraud characteristics
Recognize the importance of adding fraud detection to the audit process
Table of Contents
| Unit 1 | Internal Audit and Fraud Detection (Video length - 15:15 minutes) |
|---|---|
| Unit 2 | Fraud Basics (Video length - 20:31 minutes) |
| Unit 3 | Engagement Fraud Risk Assessments (Video length - 22:31 minutes) |
| Unit 4 | Detection Methods (Video length - 19:12 minutes) |
| Unit 5 | Internal Control Best Practices (Video length - 29:35 minutes) |
| Postscript | Insight into the Expert (Video length - 6:53 minutes) |
CPE Information
| CPE Credit: | 3 |
|---|---|
| NASBA Information: | Auditing |
| Advanced Preparation: | None |
| Last Updated: | September 2023 |
| Delivery Method: | QAS Self-Study |
About the Expert
Mary Breslin, CFE, CIA - Expert
Founder and Managing Partner
Verracy
Mary Breslin is the founder of Verracy and specializes in internal audit transformations, operational and financial auditing, fraud auditing and investigations and corporate accounting. Her career spans over 20 years in internal auditing, management and accounting for companies such as ConocoPhillips, Barclays Capital, Costco Wholesale, Jefferson Wells and Boart Longyear. With significant international experience, she has managed audit programs in more than 50 countries. Through her expertise and guidance, she has helped organizations leverage analytics to automate continuous auditing and monitoring and actively fight fraud.
Policies
CPE Credit
Please note: To be eligible for CPE credit, you must complete the final exam within one year of purchase date. You may only claim CPE credit for a course once.
ACFE Expert Insights Self-Study Courses
Features:
- High-quality, on-demand video lectures on anti-fraud topics given by experts in the profession
- Engaging, interactive course elements
- 24/7 access to courses through your Internet browser
- Save time and quickly earn CPE credits with instant access, grading and printable certificate
- The flexibility to start or stop a course and pick-up right where you left off
- No additional shipping fees
Learn more about accessing your course.
System Requirements:
- Internet access: High-speed connection recommended
- Speakers required for video sound
The Association of Certified Fraud Examiners, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
Ordering and Returns
Satisfaction Guarantee
If you are not 100% satisfied with any ACFE product, you may return it to us, provided it is in excellent condition, for a full refund of the item minus the cost of shipping. Toolkits and bundles may only be returned as a complete set.
Ordering & Returns Policy