Course overview

Frauds in audits of financial statements continue to be in the spotlight. Events Nub has therefore commenced a new initiative to address issues and challenges related to fraud in an audit of financial statements to help it respond to the significant questions raised regarding the role of auditors in relation to fraud.

Learning Outcomes

 Delegates will apply positive responses to the following outcomes:

  • Distinguish and meet key challenges in modern, digital scenarios affecting your organization
  • Gain excellent new skills in digital fraud investigation techniques
  • Analyze and report impacts of data of digital attacks
  • Implement effective, revitalized applicable compliance plans and policies

Training Method

The course takes a thorough and practical delivery approach. We will use presentations, skills, interactive group
activities, multi-directional discussions and case studies which differ in involvement and complexity.

Benefits of attending

  • The program will equip you with confidence and skills to support your organization
  • Provide new investigation skills
  • Provide you with new risk appraisal skills
  • Developing excellence in strategic AML risk management

Who should attend?

 This course is essential for:

  • Chief / Directors / GM / Manager / Executives: Audit
  • Chief / Directors / GM / Manager / Executives: Risk Management
  • Chief / Directors / GM / Manager / Executives: Finance
  • Chief / Directors / GM / Manager / Executives: Compliance
  • Internal & External Auditors

Course Content

Timing Activity

09:00 – 09:15 Registration

Analyzing the Impact of Digital Transformation on Internal Audit. Adaptability to new technologies, regulations and legislations. Keeping up with different business models. Case Study: ‘How digital products’ translate into audit and investigative tasks.

11:00 Coffee break

11: 20
Strengthening the Capability. Examining why the erosion of boundaries between customers and business partners creates difficulties in establishing effective processes when processes involve external vendors. Structuring an audit framework based on the “digital maturity” of your organization. System generated alerts for investigation. Case Study / Activity: Meta data analysis and ‘AI’ sources.

 12:30 – 13:30 lunch and prayer break

Core Digital Fraud Investigation Skills. Cell phone forensics. USB forensics. Case Study: Evidence. How digital evidence is classified and presented.

 14:30 Afternoon refreshment

Revisiting Effective Risk Assessment Processes. Robotic process automation. Predictive analysis and data mining. Case Study: Applying Data Analytics in Internal Audit. Forensic reports.
Timing Activity

09:00 – 09:15 Recap

Upgrading Internal Audit Controls. Identifying early anomalies and high-risk patterns. Focusing on strategic risks by automating routine audit checks. Case Study: Danske Bank. Money laundering, the largest scheme in history.

11:00 Coffee break

11: 20
Risk Management. Determining how to take advantage of opportunities and mitigate risks. Audit committees need to ensure CFOs are utilizing new technologies to evolve their (finance) functions.

 12:30 – 13:30 lunch and prayer break

Complete Course Review.

 Practical Group Activities

14:30 Afternoon refreshments

14:45 - 15:30
Group activities and discussions

 15:30 – 16:00 Question & Answers