Principles Of Fraud Auditing (NQF Level 7)

Principles of Fraud Auditing course is offered by PSAAA (Public Sector Accountancy And Audit Academy). We are an accredited institution, offering training to public sector accounting and auditing professionals.

We help to increase your knowledge, skills, and abilities to improve competency and productivity. We increase the knowledge and skills to ensure accountability in the prudent management of public financial resources.

Content:

• Describe the principles underpinning fraud detection as part of external audit process
• Demonstrate a practical understanding of fraud and its impact in a professional and personal environment.
• Demonstrate an understanding of the impact of the legal and regulatory framework on the management of fraud.
• Identify fraud risk factors by performing fraud risk assessments and other fraud detection techniques
• Discuss fraud prevention from an external audit perspective
• Explain fraud and gain insight into why fraudsters commit fraud and how they conceal it.
• Demonstrate practical insight required as an auditor to recognise fraud earlier from the red flags and react appropriately.
• Explain what the auditor should do in an auditing environment to assist clients to prevent fraud or to limit its exposure to its losses.
• Develop fraud risk management and fraud prevention strategies.