CPE Session Synopsis: General components of managing fraud risk include maintaining a proper corporate governance structure along with effective policies and procedures for fraud risk assessment, fraud prevention, fraud detection, and fraud investigation. Many organizations use a formal, standards‐based information security management system (ISMS) as a key element in managing fraud risks. An information security assurance (ISA) is an evidence‐based statement regarding the ability of a particular security‐related deliverable's ability to withstand specified security threats. Fraud prevention is implemented through preventive controls that possibly derive from a standards‐based information security management system. Audit management systems represent another class of software that can be helpful in fraud detection. The forensic accountant also derive evidence, possibly with the help of expert opinions, from existing records using various audit and investigatory methods.
CPE Credits: 4 hrs. Auditing Technical - Forensic Analysis and Evaluation
IMA AZ Valley of the Sun ChapterContact us if interested in membershipKendall Argust, Chapter President firstname.lastname@example.org