Wednesday, June 28, 2017

Focus & Features

Internal Auditor’s responsibility is to aid the management in the deterrence of fraud by evaluating the adequacy and effectiveness of the company’s internal control system, as well as the company’s potential exposure to risk and fraud. Occasionally, we are in a situation of risk and fraud environment. The borders of being an internal auditor and fraud examiner usually arise.


What You Will Learn

  1. Introduction;
  2. Internal Auditor’s Responsibility;
    1. IIA Standards Relating to Fraud
  3. Consideration of Fraud Risk Management;
    1. IIA Standards Relating to Fraud Risks;
    2. Developing Fraud Risk Management;
  4. Basic Concepts of Fraud;
  5. Common Forms of Fraud according to IIA Standards;
  6. Types of Frauds;
  7. Fraud Risk Factors;
  8. Red Flags according to IIA Standards;
  9. Common Offenses under Fraud Act 2006;
  10. Basic Fraud Investigation;
    1. 8 Steps of Conducting Fraud Investigation;
    2. Evidence Gathering;
    3. Types of Evidence;
  11. Data Analysis and Sampling Method;
    1. Using CAATs;
    2. Balances – Financial Statement Analysis;
    3. Transactions – Benford’s Law;
    4. Data Mining;
  12. Controls Related to Fraud;
  13. Remedial Action;
  14. Legal Hazards of Fraud Investigation.

Who Should Attend

This course is appropriate for Senior Auditor and Audit Manager

Facilitator: Mr. James A. Cafirma, CPA, CIA, CFE, CICA, CrFA, CAT, CB, MICB, CCFA, RCA, MAAT,      

                     CCSA, CFIP

                      Managing Partner

                     Cafirma, Ong, & Co., CPAs


Schedule: 29 July 2017

Time: 8:30am – 5: 00 pm

Venue:  St. Giles Hotel, Makati Ave., Makati City


Seminar Investment: 

Member’s Rate: Php4,500

Non-Member’s Rate: Php6,000

No. of CPE Credits : 9*

* IIA Certifications

*BOA Accredited CPD Provider


Seminar Inclusions:

  • Seminar Kit
  • Certificate of Participation
  • AM & PM Snack, Buffet Lunch


How to Enroll:

  •  email at or fax to 325.0414
  • call us at 940.9551 loc. 18 and look for Sheena Malapitan or  Thei Mendoza
  • Click here to register online