Internal auditors are required to have a basic awareness of fraud schemes and red flags. Often, we overlook obvious red flags that do to a lack of training in testing techniques, or we have bought into the phrase “you can’t test for fraud”. In reality, there are many tests that you can perform that would raise a red flag. We also down play the power of conversation. The strongest tool in your kit for uncovering fraud may actually be a cup of coffee.
After completing this course, you will be able to:
- Use simple analytic tests to uncover fraud
- Enhance your soft skills to increase fraud detection
- Apply lessons from real world examples
CPE Hours: 1.0
Field of Study: Auditing
Prerequisites: Basic knowledge of internal audit.
Who Should Attend: This session is designed for all internal auditors.
Advanced Preparation: None
Program Level: BasicDelivery Method: Self Study
Toby DeRoche is a Certified Internal Auditor (CIA) who holds an MBA with an Internal Audit specialization from Louisiana State University. He is also certified in Control Self-Assessment (CCSA), Risk Management Assurance (CRMA), Internal Control (CICA), Fraud Examination (CFE), and he is a SAFe 5 Agilist (SA).
His professional background includes identification and documentation of weaknesses that result in heightened business risk, while recommending solutions to such situations. Toby began his career in internal audit with Macy's Inc. He then worked as an implementation and training consultant for Wolters Kluwer. As a Solution Consulting Manager at Wolters Kluwer, Toby works with organizations that are looking for software solutions to their audit, risk and compliance needs. Throughout his career, Toby has assisted numerous internal audit departments create, perform, and supervise financial, operational, and compliance audits to evaluate control frameworks, financial systems and operating procedures.
Toby is also an experienced author and presenter, having delivered over 50 continuing education presentations to audit, risk, and fraud professionals.