Corporate Fraud Control & Digital Forensic Modelling | Online Masterclass
August 2020
Date: September 26 & 30, 2020
ABOUT THE PROGRAMME:
Corporate frauds have become a threat to organizations in the highly competitive digital environment of today. Uncertain economic conditions and increasing business & technological complexities have made the corporates highly vulnerable to fraud and corruption, globally.
This second edition of experiential workshop on corporate fraud investigation will focus on prevention, detection, and investigation of corporate frauds. It will help the participants to get well-versed with the successful tactics and techniques of detecting potential frauds and combating fraudulent activities that may happen in any organization. The workshop will give you focussed solutions that can be immediately put into practice to prevent fraud through case studies of real corporate frauds that have occurred in the recent past.
Who Should Attend:
- CXOs
- Heads of Fraud Risk Management
- Chief Risk Officers / Chief Security Officers
- Heads of Internal Audit
- Heads of Risk & Compliance
- Legal Heads & In-house Legal Counsels
- Fraud Investigators & Examiners
- Heads of Corporate Governance
- Senior Management of Finance, Accounts, Legal
- Internal/External Auditors
- Senior Officials of Banks, FIs, FIIs
- Middle Management Team Dealing in Finance, Accounts, Legal, etc
What Will You Learn?
- Use of Data Analytics for Fraud Prevention and Detection
- Hands-on Learning on Corporate Fraud Control Through Case Studies and Real-Life Examples
- Auditing Techniques and Forensic Accounting
- Challenges in Creating an Effective Fraud Risk Management Programme
- Key Fraud Risks in Organizations – Management & Assessment
- Identifying Red-Flags to Potential Frauds and Evaluating Fraud Risk Mitigation
- Latest Trends and Techniques in Corporate Fraud Detection
- Cyber-Security Threats and How to Combat the Risks Involved
- Forensic Accounting Models
- AI Aided Forensic Auditing
- Latest Methods and Models in Corporate Fraud Detection
- Application of Digital Risks Prevention
- Digital Laws
- Management of Risks
Programme Agenda
Day 1: September 26, 2020
Corporate Fraud Control
9:30 AM – 10:45 AM
Corporate Frauds & Investigation
Corporate Frauds & Investigation
- Corporate Frauds in Current Scenario, Fraud Statistics, The Fraud Tree
- Entity Level Controls for Managing the Risk of Fraud
- Typical Fraudster Profile
- Conducting Fraud Investigations
- Process & Techniques of Investigation
- Typical Challenges in Investigations
11:00 AM – 12:15 PM
Fraud Risk Management & Assessment
Fraud Risk Management & Assessment
- Identifying Key Fraud Risks and Red-Flags in Corporates
- Evaluating Fraud Risk Controls
- Conducting Proactive Fraud Risk Assessment (FRA)
- Understanding Fraud Risk Management through COSO Framework
- Synchronising Corporate Fraud, Risk & Control
- Whistle-Blowing: How it can be an effective tool for fraud detection?
- Challenges in Creating an Effective Fraud Risk Management Programme
12:30 PM – 1:45 PM
Auditing Techniques & Forensic Accounting
Auditing Techniques & Forensic Accounting
- Investigation Techniques – How to Identify Early Warning Signals and Red Flags
- Frauds During COVID and Post COVID Scenarios
- How to Prevent and Detect Frauds
- Financial Statement Frauds
- Techniques of Analysing Financial Statement
- Forensic Interviews & Interrogations
- Auditing Vs Forensic Accounting Analysis
- Case Studies
2:00 PM – 3:15 PM
Emerging Frauds in Digital World & Use of Technology in Corporate Fraud Control
- Cyber-Crime – Trends and Preventive measures
- Big Data, Benford’s Law & Data Analytics
- Use of Data Analytics in Combating Frauds
- Data Mining – An Effective Tool for Forensic Accounting
- eDiscovery and the Role of Technology in Dispute Management/Resolution
Subject Matter Experts:
- Amit Jaju (Senior Managing Director, FTI Consulting)
- Ajay Upadhyay (Partner – Forensic Services, KPMG, India)
- Amit Rahane (Partner – Forensic & Integrity Services, EY India)
- Huzeifa Unwala (Senior Partner, JHS & Associates LLP)
Day 2: September, 30, 2020
Digital Forensic Modelling
1:00 PM – 2:15 PM
Evaluation of Forensic Modelling Process
Evaluation of Forensic Modelling Process
- Understanding the Forensic Psychology
- Conceptualising Forensic Science and Reconstruction of Frauds
- Using Python, Excel, AI and ML
2:30 PM – 3:45 PM
Models and Methods for Forensic Modelling
Models and Methods for Forensic Modelling
- Forensic Accounting Model
- Numerical and Statistics Forensic Investigation
- Digital Forensic Models:
- Computer Forensic Investigation Process: Acquisition, Identification, Evaluation, Admission
- DFRWS Investigative Model: Identification, Preservation, Collection, Examination, Analysis, Presentation
- Abstract Digital Forensics Model (ADFM): Identification, Preparation, Approach, Strategy, Preservation, Collection, Examination, Analysis, Presentation, Returning Evidence
- Integrated Digital Investigation Process (IDIP)
4:00 PM – 5:15 PM
Application and Refinement of Forensic Data
Application and Refinement of Forensic Data
- Reconstructing Forensic Process
- Evaluation of Digital Forensics
- Digital law on Digital Frauds
- Risk Management
Subject Matter Experts:
- Amit Jaju (Senior Managing Director, FTI Consulting)
- Ajay Upadhyay (Partner – Forensic Services, KPMG, India)
- Amit Rahane (Partner – Forensic & Integrity Services, EY India)