Internal Audit, Forensic, Fraud and Risk Management (Western Branch)

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)

Internal Audit, Forensic, Fraud and Risk Management (Western Branch)
Date: 10th -11th July 2025
Time: 09.00am -3.30pm
Venue: Tourist Hotel, Bungoma

Overview

In the recent past, many organizations, banks, and small businesses have become victims of the scourge of document and cheque fraud, wire frauds and various types of business frauds. These frauds have resulted in the loss of funds from tens of thousands to multi-million-dollar losses. With continual digitization of financial records and transactions, fraud prevention and detection are set to be more challenging.

More than usual, professionals guarding organizations’ resources need to be alert for situations, control weaknesses, inadequacies in record keeping, errors and unusual transactions or results which could be indicative of fraud, improper or unlawful expenditure, unauthorized operations, waste, inefficiency, or lack of probity. Despite the existence of internal controls, fraudsters have proven to be ahead of the game by circumventing the same. This calls for a more proactive approach and change of strategy in preventing and detecting fraud.

The Global Internal Audit Standards (GIAS), released by The Institute of Internal Auditors (IIA) on January 9, 2024, and effective from January 9, 2025, provide a comprehensive framework to guide the professional practice of internal auditing worldwide. These standards replace the 2017 International Standards for the Professional Practice of Internal Auditing and aim to enhance the quality, clarity, and responsiveness of internal audit functions to modern business challenges. They are part of the International Professional Practices Framework (IPPF), which also includes Topical Requirements and Global Guidance

This workshop is planned to address the following areas:

• The Modern-Day Fraud: Current Trends and Players
• Conducting an Effective Fraud Risk Assessment for Organizations
• A Review of Preventive and Detective Internal Controls
• Fraud Detection through Data Analytics
• E- Procurement Fraud and Prevention Techniques
• Forensic Investigation Report Writing and Evidence Presentation
• Overview of the 5 Domains of Global Internal Audit Standards
• Strengthening Internal Controls for Fraud Risk Management
• Creating a Risk Intelligent Organization.

Target Audience:

Accountants, Bank Auditors/investigators, Insurance Auditors/Investigators, Risk and compliance managers and officers, independent auditors, directors of various sections of government, finance managers, academicians, Internal Auditors,  managers/controllers, purchasing managers, ICT Security managers and directors, Government Auditors, Managers of security companies, anti-corruption officers among others.

Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the workshop.

Financial Commitment:
The workshop charges are Kshs. 10,000. Charges will cater for the workshop fees, learning materials, and e-certificates of attendance.

Online Booking:
Registration: Delegates are reminded to note that online booking for the workshop is mandatory on https://www.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.

National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)

Further requests can be channeled to us via telephone calls on, +254 719 074 100,  or via email to Linet Andeyo  at linet.andeyo@icpak.com with a copy to memberservices@icpak.com.

We encourage members to regularly visit our website https://www.icpak.com for updates.