Forensic Accounting and Fraud Investigation- Kuala Lumpur

Forensic accounting and fraud investigation is a 2-day intensive course to guide you to conduct anti-fraud and anti-bribery audits. You will be able to Discover, Analyze and Report Fraud. Learn how to make your organization resistant to all forms of unethical businesses.


November 27, 2019 - 9:00 am


November 28, 2019 - 5:30 pm


Pullman Bangsar Kuala Lumpur   View map


Corporate crime is an unlikable fact in today’s big business world. It has touched every country, every industry, and has no signs of stopping. Throughout the past 5 years, the number of reported cases of fraud and corruption has continued to grow radically. Compounding this are the challenges faced by the audit team and a general lack of the necessary skill sets to collect the right audit evidence so critical to criminal investigations.

While the regulatory measures and internal controls in reporting requirements help to lessen the potential for falsified activities to take place, history has shown that ingenious employees can and have manipulated even the best control systems for personal gain.

Virtually every entity suffers from fraud, though management might not know it. With fraud costing entities an estimated 5% of their annual revenues, organizations lacking proactive fraud prevention measures are the most at risk.

Occupational fraud is a significant threat to any organisation. Those organisations which employ fewer anti-fraud controls are more vulnerable to fraud

Forensic auditing provides an investigation methodology and accounting analysis that is suitable to the court which will form the basis for discussion, debate and ultimately dispute resolution. This course concentrates on practical advice for internal auditors in the fight against fraud, with focus sessions on deterrence, data mining and interviewing in a stressed environment. It provides an incisive analysis of how fraud occurs within an organisation and explains the latest techniques for fighting it.

Facilitated by: Speaker, Author, Facilitator a highly experienced accountant, certified forensic investigation professional, and counter- fraud specialist
Juan Carlos Venegas 

Author of:
‘How to become an Expert Witness’ ‘Anti-Money Laundering’ and ‘Fraud and Corruption’
VAT for Small Businesses’
He is the  author of courses in Accounting, Economics and Mathematics.

Who should attend

  • Chief Internal Auditor
  • Head of department for Auditing
  • Forensic auditor
  • Investigation auditor
  • Financial auditor
  • IT auditor
  • Internal audit manager
  • Internal audit executive
  • Internal audit and compliance
  • Project audit manager

It is also ideal for middle and senior managers who have ownership of the responsibility of overseeing the audit process as it relates to the detection and prevention of economic crime.

Why you should attend

  • Conduct anti-fraud and anti-bribery audits
  • Detection of white collar crimes within an organization
  • Skills for Forensic Investigations
  • Successful prosecution of economic crimes, in particular fraud
  • The integration of accounting, auditing and investigative skills.
  • Gain the expertise to conduct investigations and ensure recovery
  • Learn how to make your organization resistant to all forms of unethical businesses
  • Secure, Analyze and Present the Evidence
  • Find elusive misconducts that others miss

Course Outline


Module 1: Introduction to Forensic Auditing and Forensic Accounting

  • Definition of ‘forensic’
  • Forensic Accounting v Auditing
  • Understanding the Business Environment
  • Importance of Organisational Structure
  • Review of Internal Controls

Module 2: Fraud Schemes

  • What is Fraud
  • Fraud Triangle – Fraud Diamond
  • Understanding How Fraud Can Be Committed – Red Flags

Financial Statements Schemes:

  • Fictitious Revenue
  • Timing Differences
  • Improper Asset Valuation
  • Concealed Liabilities and Expenses

Asset Misappropriation Schemes:

  • Skimming v Cash Theft
  • Billing Schemes
  • Payroll Fraud Schemes
  • Expense Reimbursement Schemes
  • Misuse of Inventory and other Assets
  • Theft of Inventory and other Assets
  • Misappropriation of Intangible Assets

Case studies/Work group: Identifying fraud schemes and their red flags

Module 3: Beginning the Investigation

  • Developing an Investigation Plan
  • Begin collecting information
  • Create a subject profile for each investigation target
  • Profiling the subject
  • Analyzing the information
  • Conduct interviews
  • Trace the assets


Module 1: Analyzing Records

Finding Leads

  • Uncovering Patterns
  • Identifying patterns of illegal activities in records
  • Case studies to work in groups on analyzing records

Module 2: Forensic Analytics for Auditing                                                                                  

  • Methods and techniques to identify Fraud
  • Financial and Non-Financial data
  • Data analysis
  • Benford’s Law
  • Time-Series Analysis
  • Correlation
  • Ratio Analysis
  • Horizontal and Vertical Analysis
  • Matrix
  • Net Worth and Expenditure Method

Case studies: application of data analysis methods

Module 3: Analyzing Documents

  • Obtaining documentary evidence
  • Examining fraudulent documents
  • Handling documents as evidence
  • Identifying writings
  • How to obtain handwriting samples
  • Dating a document
  • Photocopies
  • Indented writings
  • Counterfeit printed documents

Module 4: Interview Preparation – Conducting the Interview

  • Interviewing Witnesses
  • Question typology: open, closed, introductory, informational
  • Legal considerations when conducting an interview
  • Elements of conversations: expression, persuasion, information exchange
  • Inhibitors of communication: ego threat, forgetting, chronological confusion, unconscious behaviour
  • Dealing with resistance and difficult people
  • Admission seeking questions: preparation and steps
  • Group Work – Role play in conducting an interview

Module 5: Concluding the investigation

  • Presenting the results of your investigation

Methodology: The course is fully interactive where participation is encouraged for a maximum benefit. Delegates are invited to present their own cases, scenarios where questions can be answered and queries or doubts can be resolved. There will also be work groups. Case studies and practical examples for discussion will be used.

For the full outline of the program kindly contact us at
In-House Training
If you have group of people with similar needs and you are looking for more cost – effective approach, Rembell Group will bring this course directly to your workplace. Further, this course can be customized to fit specific requirements and needs of your organization. For more information on this kindly contact us at:
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