Fraud and Financial Audit Techniques (AGRC-025) Training Course

Fraud and Financial Audit Techniques

Financial statement fraud and asset misappropriation can go undetected for years when auditors rely only on standard procedures. Auditors need to think like fraudsters…

5 daysClassroom or online

15Upcoming dates

7Cities

£2,750Fees from

Course overview

Why Attend

Financial statement fraud and asset misappropriation can go undetected for years when auditors rely only on standard procedures. Auditors need to think like fraudsters and apply targeted techniques.

This LLMI course combines financial audit with fraud detection: fraud schemes affecting financial statements, professional scepticism, fraud risk factors, journal entry testing, revenue and expense manipulation, analytical red flags, forensic techniques and responding to suspected fraud. Participants analyse cases and test data for fraud indicators.

The course is practical and case-based.

Course Objectives

Recognise financial statement fraud and misappropriation schemes

Apply professional scepticism

Assess fraud risk factors

Perform journal entry testing

Use analytics to detect red flags

Respond appropriately to suspected fraud

Target Audience

Internal and external auditors

Finance controllers

Fraud examiners

Compliance professionals

Audit committee members

Risk managers

Course Methodology

Fraud case studies

Data analytics labs

Red flag exercises

Interview role plays

Group discussions

Course outline

1Day 1: Fraud and the Financial Audit

Fraud types
Fraud triangle
Auditor responsibilities
Professional scepticism
Case study: Financial statement fraud
Exercise: Red flag spotting

2Day 2: Fraud Risk Assessment

Risk factors
Management override
Brainstorming sessions
Fraud risk responses
Documentation
Workshop: Fraud risk assessment

3Day 3: Targeted Techniques

Journal entry testing
Revenue recognition fraud
Expense and payroll fraud
Asset misappropriation
Related parties
Lab: Journal entry analysis

4Day 4: Analytics and Forensics

Ratio and trend red flags
Benford's analysis
Duplicate detection
Document examination
Interviews
Lab: Fraud analytics

5Day 5: Response and Reporting

Responding to indicators
Escalation
Investigations
Reporting
Prevention recommendations
Capstone: Fraud audit plan

Frequently asked questions

How long is the Fraud and Financial Audit Techniques course?

The course runs over 5 days of classroom training, usually Monday to Friday.

When is the next Fraud and Financial Audit Techniques course?

The next public date is 16 - 20 Nov 2026 in Istanbul. There are 15 upcoming dates in total.

Where is this course held?

Upcoming sessions run in Istanbul, London, Barcelona, Amsterdam, Cape Town, Munich, Madrid.

Can I take Fraud and Financial Audit Techniques online?

Yes. Every date can also be joined live online in a virtual classroom with the trainer, for £1,280 per participant. Choose "Live online" in the dates table when you register.

How much does the course cost?

Fees start from £2,750 per delegate, depending on the city. Fees include tuition and course materials.

Do participants receive a certificate?

Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.

Can this course be delivered in-house for our team?

Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.

Course information last updated 14 November 2026.

Fraud and Financial Audit Techniques

Course overview

Course outline

Dates and fees

Frequently asked questions

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