Forensic Accounting and Auditing of eTransactions

In today’s highly mobile world, accountants, financial directors, and other financial professionals need to understand how to leverage the newly emerging tools of computer forensics to protect assets, investigate fraud, and win cases.

This programme combines purely basic aspects of classic computer forensics with the practical side of investigations and the pursuit of digital evidence in the course of litigation.

The specialist information, case studies and analysis used in the programme provides financial professionals with the necessary practical aids and skills needed to leverage computer forensics during e-Discovery and investigations both locally and abroad.

Objectives

Develop renewed understanding of the international business environment; including key issues which drive the frauds of the 21st Century; organisational planning framework, role of effective financial reporting, chief legal officers, effective financial auditors and prudent financial investors.
Become better aware of “creative accounting” techniques and the red-flags of fraud; including factors contributing to fraud, discovering fraud, reasons and types of red-flags, common types of fraud, and other fraud danger signals.
Able to develop sound internal accounting and operational controls and fraud; including nature and theory of Internal control structure, limitations of internal controls, balancing risk and internal controls, components of fraud rationalisation, the back economy, etc.
Become better aware of international money laundering component and dealing with proceeds of crime; including regulations of money laundering, its governance and business risk over-view, the limitations of traditional audit techniques.
Able to set up and manage strategic fraud prevention plan; including ability to undertake sound electronic audits, differentiate auditing and forensic auditing, forensic computer investigation, financial statement fraud, fraud schemes, fraud characteristics, corporate governance mitigating fraud, investigations and ex-pert witness testimony, etc.
Able to set up and manage fraud response plan; including different stages of actions following detection, managing initial enquiries process, the fraud interview, use and protection of evidence, appointment of a case manager, involving police and lawyers, fraud response plan review, practical fraud case management case, etc.
Better able to managing internal accounting and operational controls in functional areas, including sales, purchase and banking controls.

Who should attend

This programme is recommended for personnel who carry out financial risk management and governance duties, such as forensic accountants, auditors, finance directors or managers and personnel responsible for financial and fraud prevention / management and conformity within an organisation. It is also essential for staff implementing or involved in IT risk management programmes.