What you will learn

Internal auditors and compliance officers can protect their organizations against potential instances of fraud by performing state-of-the-art fraud audits, learning how to prevent them from occurring, and developing awareness about the fraud risk.

This practice oriented workshop discusses different types of fraud, the role of internal auditors in fraud risk management, and the benefits of integrating fraud risk in the scope of every audit.

Participants will learn how to implement and develop audit procedures that increase the likelihood of discovering fraud, including data mining. The aim of this learning event is to help participants to protect their organization against potential internal frauds. They will also gain knowledge in how to prevent fraud from occurring and perform state of the art fraud audits and fraud investigations.

The following topics will be covered during this workshop:

Nature and extent of fraud based on the results of recent fraud surveys
Responsibilities of the management and internal audit
Changing role of internal audit in addressing fraud risk
Fraud types classification
Learning from the fraudsters
Fraud red flags
Corporate fraud prevention programs
Key characteristics of fraud prevention programs
Fraud risk assessment and developing the audit program
Fraud investigation
Fraud reporting and related communication

How you will benefit

By the end of this workshop you will be able to:

Describe the risk fraud and different fraud types (ACFE classification)
Develop practical knowledge of red flags of potential frauds and fraudster’s profiles
Examine the role of internal audit in fraud risk management
Appreciate the benefits of integrating fraud risk in the scope of every audit
Debate on how to implement and develop audit procedures that will increase the likelihood of discovering fraud, including data mining
Gain insights and compare current best practices in fraud prevention and audit in leading central banks
Network and share your experiences with other Chief Audit Executives, senior audit professionals, compliance officers and Audit Committee members.

Who should attend

This workshop has been designed for chief audit executives, experienced and junior internal auditors, compliance officers of central banks and public institutions and audit committee members.

Participants, who attended CEF internal audit workshops in the past, are especially invited.

Your contributions

When applying to the workshop you are required to fill in the on-line pre-workshop survey.

By obtaining detailed information on expectations from individuals, we will aim to design the workshop agenda more closely to the needs of participants.

Participants are expected to take an active part in the workshop activities and be able to present the way their internal audit function is addressing the fraud risk.

One month before the training a fact finding questionnaire will be provided to the participants on their internal audit function approach to fraud. The data collected will be presented and analyzed during the training with the purpose of identifying best practices and sharing of experiences (lessons learned).

Participants will perform and present the results of case studies, thereby gaining an opportunity to focus on the issues that interest them most.

Faculty

Didier Casier, CIA ,CCSA, CFSA, RFA

International Monetary Fund, World Bank and European Investment Bank subject matter expert for projects focusing on strengthening the corporate governance, risk management, internal audit and internal control. Lecturer on internal audit related topics for the training center of the National Bank of Belgium, Belgian Banking Association, Kosovar Banking Association, School of Public Finance (Romania), and local chapters of the Institute of Internal Auditors.

Didier Casier holds the professional certifications “Certified Internal Auditor”, “Certification in Control Self-Assessment”, “Certified Financial Services Auditor” and “Registered Forensic Auditor” and was until recently the IMF Resident General Advisor of the Governor of the Bank of East African States. He has worked for the National Bank of Belgium for 20 years and first started to work in the IT Department before joining the Internal Audit unit.

Didier has participated as internal audit (and related topics like risk management) expert and team leader in European Union (Phare program) and World Bank projects (Financial Sector Development program and Financial Sector Technical Assistant Project) focusing on strengthening the internal audit capacity of public institutions and central banks in Europe and Africa. He also performed External Quality Assessments of Internal Audit functions of central banks in Central and Eastern Europe, former CIS countries, Africa and Asia.

In addition, Didier regularly joins, as internal audit subject matter expert, short term Technical Assistance missions of the International Monetary Fund Monetary and Capital Markets Department focusing on strengthening the internal audit capacity of central banks of member countries.

Application procedure

Application Closing Date: Oct 4,2013