FORENSIC, FRAUD DETECTION AND ABUSE OF ASSETS MANAGEMENT

COURSE OBJECTIVES

• Increasing importance of fighting fraud within the government, the functions forensic audit serves and various roles the auditor must assume in conducting of forensic audit.
• Auditing standards and control techniques that are relevant to forensic audit and decide upon appropriate control measures to counteract fraud occurrences
• Explain common fraud schemes and apply the best internal control measures to counteract fraud risks
• Apply evidence gathering techniques used to detect fraud
• Describe the job of forensic auditors in legal and court involvement
• Optimization to minimize the whole life cost including the operation, ,maintenance and replacement or disposal of each asset in asset system
• Linking degradation models and condition monitoring data with asset performance
• Visualization of whole life asset management

FOCAL POINTS

• The basics of criminology and the extent of fraud
• The extent of fraud and organized crime
• Introduction of law and legal concepts
• Various acts and statutes of value to fight fraud effectively
• Cash fraud schemes that can be perpetrated by employees
• Procurement and contract fraud schemes that can be perpetrated by suppliers of goods and services, including recipients of government benefits through identity fraud
• The risk factors that can lead to fraud being commited or that might an indication that it is taking place
• Preventive measures
• The investigative techniques that are applied when the possibility of fraud is identified.
• The principles of asset management
• Asset management policy , strategy and planning
• Managing asset life cycle decisions and activities
• Assessing and managing Asset Management Risks
• The financial and business impact of asset management

WHO SHOULD BENEFIT

• CEOs and executive Directors
• Project and risk managers
• Auditors and financial controllers
• Heads of departments
• Procurement managers

DATES, VENUES AND PROGRAMME FEES