MASTERING INTERNAL CONTROL AND FRAUD PREVENTION
CLASSROOM FEE: ₦160,000 | ONLINE FEE: ₦120,000
COURSE OBJECTIVES
This workshop helps as a fundamental to the nature of fraud and methods of prevention in the work- environment. Applying methodologies that are well organized and coordinated, participants will learn how to safeguard the organisation’s asset, checks the accuracy/ correctness, and encourage compliance to process that will create a transparent business environment.
COURSE CONTENTS
Internal Control
- Meaning of internal Controls
- Installing internal Control
- Types of internal Controls
- Evaluation of internal Control
- Strengthening internal control
Effective Internal Control System (EICS)
- Internal control policies
- Identifying risk factors
- Relevance of communication in internal control system
- Monitoring and feedback of internal control process.
Fraud prevention
- What is Fraud?
- Fraud prevention techniques
- Fraud audit
- Fraud control
- Bonding employees
- Mobilizing management in the fight against fraud
Misappropriation of Assets
- Opportunities for fraud
- Incentives and pressure for fraud
- Identifying fraudulent schemes e.g. cash billing, Payroll and expenses
- Fraud detection and whistleblower
Fraud Concept and challenges
- Fraud and its core elements
- Fraud risk management
- Symptoms of fraud
TARGET AUDIENCE: All Internal Auditors in the Public and Private Sectors