Fraud Investigation & Internal Audit Webinar

A simple definition of fraud is - An act of cheating in order to get some money/advantage illegally. It is a deliberate act (or failure to act) with the intention of obtaining an unauthorized benefit, either for oneself or for the institution, by using unethical means, which are believed and relied upon by others. Identifying Fraud is not the responsibility of the Internal auditor. Internal auditors support management's efforts to establish a culture that embraces ethics, honesty, and integrity. An investigation is a detailed analysis done when some fraud is identified, to ascertain the root cause of the fraud, to understand the evidence in-depth, and suggest required corrective actions to prevent the same in the future.

This webinar will explain in detail how can an internal auditor watch for potential fraud risks, assess the adequacy of internal controls, and make recommendations for improvements.