Webinar: Develop your own BASIC fraud indicators

Starts 07 Nov 2023

Overview

Develop your own basic fraud indicators

 

In light of the ACFE‘s annual International Fraud Awareness Week, we organise this free webinar to illustrate how you can develop your own basic fraud indicators with a data analytics software.

 

Once developed, you can run these analytics against your company data at regular intervals, alerting you via email of anomalies as defined in the analytics.

 

In this webinar, we illustrate how you can develop your own basic fraud indicators such as transactions with round amounts, or amounts just under approval limits, as well as transactions in the weekend, outside business hours, or on special days such as public holidays.

 

You may also be interested in next week’s webinar (Develop your own advanced fraud indicators), where we work on more challenging indicators such as outliers per vendor, infrequent or one-time vendors, trends in the amounts (per vendor), and if we have time even vendor dependency.

 

If you don’t already have a data analytics software, you can request an Arbutus Analyzer trial license to try it out.

Webinar: Develop your own BASIC fraud indicators

In this webinar, we illustrate how you can develop your own basic fraud indicators.

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Facilitator

About the facilitator

Alain Rousseau

Audit software expert

Alain Rousseau is the driving force behind Sepia Solutions and has focussed on audit software tools since 2007. He has implemented data analysis tools (Arbutus Analyzer and ACL) and audit management tools (PAWS and Pentana Audit) at dozens of audit departments.

With an education and background that is both technical (industrial engineer) and business (MBA), Alain is the ideal interface between business users and software developers. His in-depth understanding of the software packages and a firm understanding of the audit profession also makes him an excellent trainer and consultant for these software packages.

Through Sepia Solutions, Alain has sponsored and worked with the IIA since 2010 and participated in various events. As part of the IIA’s Master Class Internal Audit Essentials, he recently wrote a paper discussing the effect of audit software on meeting the IIA’s IPPF standards.

Finally,  Alain tells us he hopes to be the catalyst for your next data analysis project or your implementation of audit management software.