Fraud Detection, Investigation and Prevention

This course combines fraud accounting with digital forensics and explains to the participants the nature of financial fraud, how to detect fraudulent activities, and most importantly how to investigate any type of financial fraud. 

It also explores the various possible avenues of computer-based investigations. The training focuses on audit techniques, fraud detection techniques, accounting and law, practically auditing and investigation of frauds, collection of evidence/documentation which can stand the test of legal scrutiny and write succinct, factual reports.

It is power-packed with case studies designed to give participants a clear idea of real-world frauds and how investigative techniques can be deployed to nail the fraudsters and determine the extent and exact nature of the fraud. 

The course has been designed by two of the leading experts in this field – Mr. Chetan Dalal who brings unparalleled expertise in the domain of financial fraud investigation and Mr. K. K. Mookhey who is one of the leading computer forensic experts. Also, Mr. V. C. Mishra a leading handwriting analysis and document forgery expert will conduct a session on his area of expertise.

Specific Objectives:

• Understanding nature of fraud and fraudster
• Purpose of Investigation
• How to Detect Large Value Frauds
• Forensic Auditing Techniques
• Computer-based Forensics
• Data Analytics for Fraud Detection and Investigation
• Evidence Presentation
• Report Writing and Articulation

Who Should Attend This Course? 

• CXOs
• Chief Internal Auditors
• Heads of Internal Audit
• Chief security officers
• Heads of Risk Management
• Heads of Legal Department
• Heads of Regulatory Compliance
• Heads of Legal
• In-house Legal Counsel
• Accountants
• Internal, External Auditors

• Day 1 - Session 1: Introduction to Financial Frauds
• Day 1 - Session 2: Implementing a Fraud Risk Management Program
• Day 1 -Session 3: Fraud Auditing Creative Techniques
• Day 2 - Session 1: Overview of the Nature and Purpose of Forensic Interviews
• Day 2 - Session 2: The evolving nature of Fraud – Cyber-crimes and IP Theft
• Day 2 - Session 3: Digital Forensics – Overview & Introduction
• Day 2 - Session 4: Developing the Forensic Report and Related Exhibits
• Data Analytics
• Exercises