Strengthen internal audit and AML compliance with risk‑based techniques, forensic skills, and fraud controls. This program teaches auditors to identify and assess fraud risks, design audit programs, use data analytics for fraud detection, and ensure AML compliance. The curriculum covers audit planning, forensic evidence collection, transaction monitoring, and regulatory reporting. Through case studies and hands‑on exercises, attendees will develop the skills to conduct effective audits that prevent and detect financial crime. This program is essential for internal auditors, compliance officers, and AML specialists.
Objectives
- Conduct risk assessments to prioritize audit areas for fraud and AML
- Design audit programs with fraud detection procedures
- Use data analytics (Benford's Law, regression, anomaly detection) in audits
- Perform forensic evidence collection and preservation
- Evaluate AML controls (CDD, transaction monitoring, SAR reporting)
- Test compliance with AML regulations (FATF, local laws)
- Investigate suspicious activities and report findings
- Document audit work in accordance with professional standards
- Communicate fraud and AML risks to management and the board
Target Audience
- Internal auditors
- Compliance and AML officers
- Forensic accountants
- Risk management professionals
- External audit staff with fraud responsibilities
- Regulatory examiners
Methodology
- Audit risk assessment workshops
- Data analytics labs (ACL, IDEA, Excel)
- Forensic evidence simulation exercises
- AML control testing role‑plays
- Case study analyses of fraud audits
- SAR drafting sessions
- Peer sharing of audit challenges
