Company Financial ValuationConducting Internal Investigations ACFE

Conducting an internal investigation can be a difficult task. An investigation into employee wrongdoing can be costly, disruptive and time-consuming. Moreover, it can lead to a variety of legal problems and other unexpected complications if it is not conducted with the utmost care and confidentiality. 

However, a well-run internal investigation can enhance your company's overall well-being and can help detect the source of lost funds, identify responsible parties and recover losses. 

It can also provide a defense to legal charges by terminated or disgruntled employees. But perhaps, most important, an internal investigation will signal to all employees that your company does not tolerate fraud!

Objective:

The 2-day training Conducting Internal Investigations will prepare you for every step of an internal investigation into potential fraud, from receiving the initial allegation to testifying as a witness. 

You will learn to lead an internal investigation with accuracy and confidence by gaining knowledge about various topics, such as relevant legal aspects, using computers, collecting and analyzing internal and external information, interviewing witnesses and writing reports. 

The training includes a relevant case study, which you will work through from beginning to end. 

In a nutshell you will learn how to:

• Assess the risk of fraud within your organization and respond when it is identified
• Detect and investigate fraud with the use of data analytics
• Collect documents and electronic evidence needed in the course of an investigation
• Perform effective information-gathering and admission-seeking interviews
• Discern legal and regulatory concerns related to internal investigations

Course Outline:

• DAY 1
• Internal investigations
• Foundations of the fraud examination process
• Legal considerations during internal investigations
• Prior to initiating an investigation, you (and CFEs specifically) must be aware of the myriad legal concerns and regulations that might be relevant in the course of conducting an internal fraud examination
• Planning an internal investigation
• Strategies for planning an internal fraud investigation
• Selecting members of your investigative team
• Investigating fraud using data analytics
• As data analysis is an integral element of modern fraud detection and investigation, you will be provided with an understanding of how it can be one of the most powerful tools in an investigator's repertoire
• Emerging technological trends
• Emerging technological trends such as byod, cloud computing, and social media
• Potential effects of these technological trends on the investigative process
• DAY 2
• Internal evidence retrieval
• The process of retrieving internal documents and electronic evidence while maintaining a proper chain of custody
• External evidence retrieval
• Insight regarding the collection of evidence from external sources ranging from public records to covert operations
• Information-gathering interviews
• Various forms of information-gathering interviews
• Understand which type of questions to ask and when to ask them
• Admission-seeking interviews
• When the investigation has progressed to the point where a suspect has been identified and all relevant evidence has been collected, the investigation moves to the admission-seeking interview phase. You will be guided through the strategies needed to obtain an admission of guilt and a signed confession
• Concluding the investigation
• The report writing process
• Post-investigation scenarios such as presenting your case to a prosecutor and testifying as a witness