Fundamentals of financial investigation

Created by LEC Team
Last updated Mon, 27-Mar-2023
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Course Objective

  • Gain the self-confidence to prepare, carry out as well as follow-up on audit activities
  • Have the ability to write valid audit reports and suggest rehabilitative activities
  • Understand the standards of management system bookkeeping according to ISO 19011
  • Establish skillfully


Day 1
Fundamentals of creative accounting and the concept of fraud

  • The idea of both financial accounting and creative accounting

  • creative accounting methods

  • Financial crime in institutions and its types

  • The organization's internal controls and why they are important

  • What is financial fraud?

  • Fraud Basics

  • Who is cheating and why?

  • fraud triangle



Day 2
Fraud schemes

  • Types of misappropriation of assets

  • Cash theft: skimming and theft

  • fraudulent payments

  • Theft of securities and other assets

  • Warning signs of asset misappropriation

  • Financial statement fraud schemes

  • fake revenue

  • Differences in time

  • Cancellation of liabilities and expenses

  • Inappropriate disclosures

  • Improper valuation of assets

  • Warning signs of fraud in financial statements

  • Deterrence of fraud in financial statements



Day 3
Fraud in the financial institution

  • embezzlement schemes

  • loan fraud

  • Real estate fraud

  • Fraud with a new account

  • Fraud using bank transfers

  • Roller Check Fraud

  • Check fraud detection

  • Preventing and Investigating Check Fraud

  • Credit card fraud

  • Prevention and detection of credit card fraud



Day 4
Internal control systems to prevent fraud

  • The basic components of the internal control system

  • Implement proper internal control

  • Asset control (fixed and current)

  • Bribery schemes, bid-rigging schemes:

    • bribery

    • Unlawful Gratuities

    • Economic blackmail

    • conflict of interest

    • Tools and techniques in identifying red flags of fraud



Day 5
Anti-fraud methods using computer mechanisms

  • Fraud prevention software

  • Develop a fraud prevention policy

  • Control procedures followed in your organization

  • Screening mechanisms

    • Monitoring and reporting

    • Search and discover

  • Get evidence

  • Modern international best practices for fraud deterrence

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2023-05-15 Barcelona $5750 Details
2023-06-12 Barcelona $5750 Details
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2023-12-25 Barcelona $5750 Details
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2023-07-10 London $5750 Details
2023-08-07 London $5750 Details
2023-09-04 London $5750 Details
2023-10-02 London $5750 Details
2023-10-30 London $5750 Details
2023-11-27 London $5750 Details
2023-12-25 London $5750 Details
2023-05-15 Paris $5750 Details
2023-06-12 Paris $5750 Details
2023-07-10 Paris $5750 Details
2023-08-07 Paris $5750 Details
2023-09-04 Paris $5750 Details
2023-10-02 Paris $5750 Details
2023-10-30 Paris $5750 Details
2023-11-27 Paris $5750 Details
2023-12-25 Paris $5750 Details
2023-05-15 Berlin $5750 Details
2023-06-12 Berlin $5750 Details
2023-07-10 Berlin $5750 Details
2023-08-07 Berlin $5750 Details
2023-09-04 Berlin $5750 Details
2023-10-02 Berlin $5750 Details
2023-10-30 Berlin $5750 Details
2023-11-27 Berlin $5750 Details
2023-12-25 Berlin $5750 Details