The session will begin with a very high-level introduction to basic fraud principles. The session will highlight examples of fraud in the environmental and related areas that haves been publicly reported. The presentation will include a segment on good practice for fraud brainstorming and approaches to testing for fraud in Internal Audit (3LOD), including reference to IIA Practice Guide on the topic. The presenter will provide example scenarios where fraud could be plausible, and will provide some introductory tips on building fraud detection into environmental auditing programs (2LOD), as well as for Internal Audits (3LOD) that touch upon areas where environmental risk is relevant.
Understand the extent to which environmental matters affect many industries, and how this has changed over the past two decades – and continues to change.
Learn of common gaps in internal systems and controls for environmental management, which can present the opportunity for fraud.
Develop tips for planning to test for fraud in 2LOD or 3LOD auditing programs, as well as suggestions for improving controls to prevent fraud.