FR-109 FORENSIC DOCUMENT EXAMINATION AND FRAUD DETECTION

FR-109 FORENSIC DOCUMENT EXAMINATION AND FRAUD DETECTION

DESCRIPTION

All organizations are subject to fraud risk. Altered documentation has become a significant risk as fraudsters leverage advances in technology to create or change documentation to commit fraud. One of the best fraud deterrents an organization can implement is a fraud detection program. When employees, customers, and vendors all know you are actively looking for fraud, it greatly reduces the potential for anyone to try to commit fraud. And creating fraud detection programs will help an organization reduce the financial, reputational, and business risks associated with fraud.

 

Organizations need to make committing fraud as unattractive as possible. Ignoring fraud risks can undermine the reputation, integrity, and professionalism of the organization and perceptions about the quality of the services it provides, leading to a loss in public confidence. While total elimination of fraud is unlikely to be achieved, it is important for momentum to be maintained and good practices to be developed and shared. The course will use best practices and will demonstrate how organizations can tackle external and internal fraud risks regarding altered documentation.

LEARNING OBJECTIVES:

  • Learning to identify fraudulent and altered documents
  • Learning how to authenticate documents
  • Understanding what metadata is and how to use it to uncover fraud
  • Identifying the various ways to research and validate information
  • Understanding Fraud Risk Assessments and how they can identify areas of greatest susceptibility for fraud
  • Learning fraud prevention and deterrence methods to reduce fraud risks

 

COURSE OUTLINE

Physical Documentation Examination

  • The importance of original documentation
  • Document authentication
  • Detect alterations, erasures, and obliterations
  • Detect fraudulent documents (both altered and counterfeited documents)
  • Determine the authenticity of security features
  • Determine the authenticity of documents by comparing with known standards
  • Determine the author of signatures
  • Identify methods used to alter documents and to produce counterfeit documents
  • Apostille documents

Digital Fingerprints—Document Metadata

  • What is metadata?
  • How metadata can uncover document changes and manipulation
  • Word, pdf, excel, and PowerPoint metadata
  • Exchangeable image file format
  • Pitfalls and obstacles

Forensic Research

  • Validating sources: Keesing reference system (DocumentChecker)
  • Document verification vs. document authentication
  • Detect document authorship
  • Online searches—access to information | public records
  • Government sources—U.S. state and local
  • Social media research
  • Validating phones (cellular vs. landline)
  • Websites
  • Identity authentication

Deterring and Preventing Fraud

  • Fraud Risk Assessments
  • Needs assessment for technical equipment
  • Document reference collections: examples of genuine and fraudulent documents, stamps, embossments, etc.
  • Internal controls
  • Fraud red flags
  • Fraud response
Duration

CPE

Delivery

Field

Level

Who Should Attend

Prerequisites

Advanced Preparation

2 Days

16

Group-Live

Auditing

Intermediate

Internal audit and accounting staff and management

A working knowledge of audit and fraud basics

None