Governance of Corruption and Fraud AuditingPresented by the Department of Auditing, University of Pretoria

Corruption and fraud are the primary manifestation and symptom of corporate governance failures in public and private sectors. Corruption and fraud risk governance considers the detailed governance of corruption and fraud risk as an integral part of good corporate governance and international best practices and instruments, conventions and protocols for the governance of corruption and fraud.

This short course on the Governance of Corruption and Fraud Auditing addresses the introduction to global best practice instruments to address these items, step-by-step processes for and the importance of pro-active fraud auditing by both auditors and anti-fraud and anti-corruption specialists.

This course addresses the latter processes for non-auditors and internal and external auditors and empowers them to better provide assurance, detecting, deterring and understanding the processes available to remediate corruption and fraud.

Shifting knowledge to insight

enterprises.up.ac.za

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Governance of Corruption and Fraud AuditingPresented by the Department of Auditing, University of Pretoria

www.enterprises.up.ac.za

For quotations on in-house training, email quote@enterprises.up.ac.za

+27 (0)12 434 2500 +27 (0)12 434 2505 info@enterprises.up.ac.za Private Bag X41, Hatfield, 0028

Shifting knowledge to insight

Course content

Topics will include the following:• International best practices and instruments for the governance of

fraud and corruption, including Board members’, political leaders’, and management accountability for the governance of corruption and fraud.

• ‘Audit’ and ‘Assurance’ evidence vs ‘forensic’ evidence - Fundamental principles of evidence. - Admissibility requirements of evidence.

• 8-Step Pro-active Fraud Auditing Process for the Detection of Fraud• Understanding and defining corporate governance and corruption

and fraud risk as part of good governance, defining fraud, corruption, theft and types of asset misappropriation

• 7-Stage Fraud Auditing Process for Internal and External Auditors relating to: - Regulatory responsibilities of Internal Auditor from IIA standards. - IIA Standard 1200: Proficiency and Due Professional Care

1210.A2 - sufficient knowledge to evaluate fraud risk and its management.

- IIA Standard 1220: Due Professional Care 1220.A1 - consider the probability of significant errors, fraud and non-compliance.

- IIA Standard 2060: Reporting to Senior Management and the Board Report to senior management and board on significant risk and controls exposures, including fraud risks and governance issues.

- IIA Standard 2120: Risk Management 2120.A2 - evaluate potential for fraud and how organisation manages fraud risk.

- IIA Standard 2210: Engagement Objectives 2210.A2 - consider the probability of significant errors, fraud and non-compliance.

- Regulatory responsibilities for external auditors. - ISA 240 - Fraudulent financial misstatement auditing focused

on asset misappropriation, corruption and fraudulent misstatement.

• Instruments, tools and guidance for evaluating, measuring, planning, identifying and assessing corruption and fraud risks - Appetite and tolerance in relation to fraud risk governance - Fraud risk information sources and sourcing techniques - Corruption and fraud risk stimuli - The business case for fraud risk governance, and building value

– compliance vs the business imperative - Key business cycles, processes and transactions - Non-financial fraud risk - Fraud risks in information, communications and technology

• Anti-fraud ‘actions’ vs fraud risk ‘response’ vs fraud incident response - Anti-fraud controls vs Internal controls - Introduction to fraud auditing and forensic data analysis - The relationship between fraud auditing and forensic auditing

and investigation• Compiling a corruption and fraud risk profile/register – a template

guide• Compiling anti-corruption and anti-fraud strategies

Learning Outcomes

Upon completion of this course delegates should have the necessary knowledge and practically orientated expertise in respect of the following issues:• Have knowledge and skills in understanding

- the link between good corporate governance and the

governance of corruption and fraud, - related international best practices for dealing with corruption

and fraud, - promoting supervision, - assurance and accountability for the governance thereof,

promoting the business case for addressing anti-corruption and anti-fraud, both financial and non-financial benefits, and the strategic and compliance imperatives.

• Delegates will also be empowered to elevate their anti-corruption and anti-fraud expertise to dealing with business leaders such as board directors, political leaders, executive management, accounting officers and other parties that are accountable in terms of good corporate governance standards.

• Delegates will also be enabled to conduct fraud audits within the assurance and governance context, as well as to develop strategies to address corruption and fraud.

Course fees

R8 580.00 per delegate.

Course fees must be paid in full 14 days prior to course start dates. Proof of payment can be submitted to enrolments@enterprises.up.ac.za.

Who should attend?

This course is ideal for you if you are an internal and external auditor, assurance provider, risk manager, forensic auditor, supervisor and business manager and other anti-corruption and anti-fraud practitioner. Also, audit committee members, board members, executive directors, political leaders, and other specialists.

Accreditation and certification

Enterprises University of Pretoria (Pty) Ltd is wholly owned by the University of Pretoria. As a public higher education institution, the University of Pretoria functions in accordance to the Higher Education Act 101 of 1997. Enterprises University of Pretoria offers short courses on behalf of the University and these short courses are not credit-bearing, and do not lead to formal qualifications on the National Qualifications Framework (NQF) – unless stated otherwise. Delegates who successfully complete a short course and comply with the related assessment criteria (where applicable) are awarded certificates of successful completion and/or attendance by the University of Pretoria.

Registration and enquiries

Course coordinatorJanine ScheepersTel: +27 (0)12 434 2579Cell: +27 (0)71 234 6936Email: janine.scheepers@enterprises.up.ac.za

Course leaderAdv. Hannes BezuidenhoutTel: +27 (0)12 420 3802Email: hannes.bezuidenhout@up.ac.za