Course Outline:

Module 1: Understanding Fraud in Organizations

• Definition and types of fraud

• Causes and consequences of fraud

• Fraud triangle and red flags

• Overview of occupational fraud schemes

• Case Study: Internal fraud case from a government department

Module 2: Fundamentals of Internal Control Systems

• COSO Internal Control Framework

• Control environment, risk assessment, and control activities

• Designing preventive, detective, and corrective controls

• Control testing and evaluation techniques

• STP Model Activity: Segmenting control weaknesses by role and function

Module 3: Fraud Risk Assessment and Detection Techniques

• Fraud risk identification and mapping

• Use of data analytics and technology for fraud detection

• Control self-assessments and fraud audits

• Whistleblower mechanisms and anonymous reporting tools

• Workshop: Conducting a fraud risk assessment in teams

Module 4: Investigating and Responding to Fraud

• Steps in an internal fraud investigation

• Evidence gathering and documentation

• Interviewing suspects and witnesses

• Reporting to senior management, boards, or legal teams

• Role Play: Handling a fraud incident and preparing a report

Module 5: Creating a Fraud-Resistant Culture

• Governance, tone at the top, and ethical leadership

• Fraud awareness training and staff engagement

• Monitoring and continuous improvement

• Aligning internal controls with strategy and compliance

• Capstone Exercise: Develop a fraud prevention and control improvement plan