Introduction to Fraud Investigation

Description:

This module provides a foundational understanding of fraud and the role of a fraud investigator. Students will learn about different types of fraud, their impact on organizations, and the legal framework surrounding fraud investigations. The concept of the Fraud Triangle, which explains the factors that drive individuals to commit fraud, will be a key focus.

Topics Covered:

• Understanding Fraud: Definition, types, and impact on organizations.
• The Role of a Fraud Investigator: Responsibilities, skills required, and ethical considerations.
• Legal Framework: Overview of relevant laws, regulations, and standards governing fraud investigation.
• Fraudulent Schemes: Common schemes such as asset misappropriation, financial statement fraud, and corruption.
• The Fraud Triangle: Pressure, opportunity, and rationalization as drivers of fraud.