Risk management

The role of the forensic accountant will seem familiar to finance professionals, but it demands skills way beyond technical finance skills. Forensic accountants' day to day work involves fraud investigations, damages assessments, valuations of businesses or curious entities and frequently involves legal proceedings. The forensic accountant could spend a week as the expert witness in a matrimonial dispute involving millions of pounds of marital assets, before spending the next valuing a football club.

This course allows you to work through activities, share your learning with peers, and get the knowledge and skills that will enable you to operate in the world of the forensic accountant. You’ll be able to identify misconduct and fraud as well as understand how to conduct fraud investigations and non-fraud work.

Internal audits play a crucial role in managing an organisation's risks and mitigating these to avoid disastrous consequences. But what makes an effective internal audit function and how can you make this work in your organisation?

In this course you will discover the key principles and standards associated with internal audits, along with how to identify and act on fraud. Learn about how to plan, execute, and report on internal audit assignments and the key factors to consider at each stage.

This course will enable you to:

• identify the key elements of internal audit and the associated standards
• plan and execute an internal audit assignment and design an audit programme
• understand the responsibilities of the internal auditor with regards to fraud and how to identify fraud
• report on an internal audit assignment and the key factors to consider when sharing these.