Page 67 - KATALOG IIA INDONESIA 2021

FRAUD Assessing
Fraud Risks

Assessing

Fraud Risks

About this Course

The internal audit activity is responsible for assessing the organization’s risk management processes and
their effectiveness, and one detail that cannot be overlooked is assessing the potential for the occur-
rence of fraud when planning each engagement. Therefore, internal auditors must consider the proba-
bility of fraud and ensure adequate review of the risks relevant to each engagement. This course
describes the characteristics of fraud and the process of identifying and assessing fraud risks when plan-
ning individual audit engagements. It also outlines the process of incorporating a fraud risk assessment
into engagement planning, including the topics of gathering information, brainstorm fraud scenarios,
identifying and rating fraud risks, and determining which fraud risks should be evaluated further during
the engagement.

Learning Objective(s):
• List the steps and purpose of the assurance engagement.
• Describe how to incorporate the fraud risk assessment steps during an assurance engagement.
• Restate the role of internal audit when assessing fraud risks and implementing controls.
• Categorize fraud risk controls as detective or preventive.
• Differentiate the characteristics, significance, and sources of common fraud risks.
• Recognize the requirements of Internal Audit to be in conformance with the Standards related to
• fraud.
Determine the optimal communication method for reporting results of an engagement.
CPE Hours Available : 1.0 Browser : • Google Chrome (optimal)
Knowledge Level : Basic Requirements • Mozilla Firefox
Advance Preparation : None (Desktop/Laptop) • Safari 4
NASBA : Yes
Field(s) of Study : Auditing
Who will Benefits : CAE/Directors, Internal Audit Manager, Staff/Senior Audi-
tor, IT Auditor
Delivery Formats(s) : Self-Study
Category : Fraud
Author : The IIA
Audito/Video : None
Prerequisite(s) : None
Supplementary Course(s) : • Risk Fraud and Illegal Acts: Overview
• Risk Fraud and Illegal Acts: Executing the Principles
• Assurance Engagement Communications

Duration : 1h Price : $ 55.00

Course Expiration:
Upon purchase, the user has 30 days to complete this course.

The IIA is registered with the National Association of State Boards of Accountancy (NASBA) as a
sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards
of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints
regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its
website: www.learningmarket.org.

IIA TRAINING GLOBAL ONDEMAND