The Internal Audit Function – Internal Audit’s Role in Fraud Risk Assessments (Text-Based)
Field: Auditing | Delivery Method: Self-Study | CPE Hours: 2.0
Enroll in Course
The Institute of Internal Auditors is recognized as the authority that establishes the guidelines and standards for the internal audit profession. As the world has rapidly evolved over the past several years, internal auditors have been called on to provide a wide array of services. Yet, management often does not understand the full breadth of the IIA Standards and protocols auditors should follow when performing both Assurance services and Consulting services.
- The Internal Audit Function – Purpose and Establishing the Function
- The Internal Audit Function – Internal Audit’s Assurance Role and Risk Based Auditing
- The Internal Audit Function – The Attribute Standards
- The Internal Audit Function – The Performance Standards
- The Internal Audit Function – Internal Audit’s Role in Fraud Work
- The Internal Audit Function – Internal Audit’s Role in Governance Work
- Evaluate aspects of conducting a fraud risk assessment
- Examine concepts of corporate culture to prepare for a fraud risk assessment
- Identify Internal Audit’s role in facilitating a proper fraud risk assessment
- Discern between a Macro vs. Micro Fraud Risk Assessment
- Examine an Enterprise wide (Macro) Fraud Risk Assessment
- Examine a Business Process (Micro) Risk Assessment
- Identify Steps in Determining Fraud Red Flags
- Examine the process to evaluate impact and likelihood of fraud red flags
Field: Auditing
CPE: 2.0
Delivery Method: Self-Study
Format: Text
Your Instructor
Consultant, CPA, CGMA, CRMA, MBA, Past Chief Audit Executive
Business Consultant, Trainer, Author
Ms. Fountain has over 40 years of experience spanning public accounting, industry accounting and consulting. Sixteen years of that experience has been in the field of internal audit, risk managment and process improvement. She is well adept to assist your organization evaluate business strategy, perform risk assessments, establish a Sarbanes-Oxley process, synergizing internal audit processes or perform process improvement projects.
As a past corporate executive Lynn has a passion for working with professionals to enhance their processes and provide leading edge education. She has authored and delivered hundreds of training courses for accounting, finance and audit professionals. Her training is filled with not just theory but real world application.
Ms. Fountain has authored three technical publications:
-Leading the Internal Audit Function
-Raise the Red Flag
-Ethics and the Internal Auditor's political dilemma
Lynn is a recognized leader in the internal audit profession as well as a recognized business professional.
Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has active, current CPA, CGMA, and CRMA credentials.