Workshop on the Questioned Document Analysis: A New Insight into Fraud Investigation, Prevention and Management

Program overview:

Fraud is the fastest growing aspect of modern business today and the trend will continue as computers become more widely used. Losses from fraud in most organizations are estimated between 2 to 5 percent of their gross turn over. This workshop is therefore designed to highlight current trend and practices in fraud investigation, prevention and management.

For whom:

This program is designed for Internal Auditors, Accountants, Bank inspectors, Branch managers, Operations managers, share -Registrars, Account and Treasury Department staff in both manufacturing and service industries.

Learning objectives:

At the end of the program, participants will be:

• exposed to the current trends and practices in fraud investigation, prevention and management;
• able to strengthen internal control system as an effective means for fraud prevention and management;
• able to identify internal and external fraudsters and understand their mode of operations;
• able to adopt a number of investigative methods and gauge their effectiveness in proving a loss, guilty, knowledge and responsibility;
• able to appreciate document analysis as an effective method in modern fraud investigation techniques; and
• able to recover funds, deter others and clear innocent people.

Course outline:

Day 1: Trends in fraudulent practices in Nigeria (An overview)

• *Types and techniques of financial frauds
  • Electronics/Computer aided fraud
• *Profile and traits of fraudsters

Day 2: Fraud investigation and detection

• Setting the objectives of an investigation
• Schedules, analysis deviation
• Observation/surveillance
• Investigation flow chart
• Analysis of questioned documents

• *Strengthening internal control for effective

fraud prevention

• and management
  • Sources and causes of fraud
  • Fraud detection measures
  • Prevention of fraud using system

review method

Day 3: Fraud management: Emerging trends

& challenges

• *Dealing with fraudsters
  • Management role
  • Role of law enforcement agencies
  • Role of regulatory & professional

bodies

• Role of the law court                        

• Report writing

Training Methodology: Lectures, discussions, exercises, case studies, audio-visual aids will be used to reinforce these teaching/learning methods.