Fraud & Forensics – Prevention, Detection, and Investigation

Fraud & Forensics – Prevention, Detection, and Investigation develops practical capability to prevent, detect, investigate, and report fraud using governance, controls, analytics, evidence, interviews, and forensic discipline. The learning path begins with fraud schemes, red flags, ethics, governance, responsibilities, legal context, and investigation triggers and progresses into fraud risk assessment, preventive controls, segregation, monitoring, data analytics, and detection, connecting requirements and methods with clear ownership, defensible evidence, and measurable decisions.

Applied work is anchored to an investigation function responding to procurement, payment, payroll, expense, cyber-enabled, and insider fraud allegations. Learners then address investigation planning, evidence preservation, interviews, digital forensics, analysis, and chain of custody and findings, reporting, loss quantification, recovery, legal coordination, remediation, and improvement, producing fraud risk and scheme assessment, fraud prevention and analytics control plan, forensic investigation and evidence file, fraud findings and remediation report.

By completion, participants can interpret the subject, perform the relevant workflow, evaluate exceptions, communicate supported conclusions, and hand over prioritized actions with named ownership and follow-up.

What You Will Learn

• Recognize common fraud schemes, behavioural red flags, legal considerations, and investigation triggers.
• Assess fraud risks across processes, transactions, systems, third parties, and organizational culture.
• Design preventive controls using segregation, approvals, monitoring, access restrictions, and accountability.
• Use data analytics and exception testing to identify suspicious patterns and anomalies.
• Plan investigations with clear scope, authority, confidentiality, evidence, and communication protocols.
• Preserve physical and digital evidence while maintaining integrity and chain of custody.
• Conduct structured interviews and analyze records to test competing explanations objectively.
• Report findings, quantify losses, coordinate recovery, and recommend sustainable control improvements.

SkillDynamo Training Approach

Training follows fraud forensic investigation work from context and planning through implementation, evidence review, exception analysis, validation, and improvement. Delivery combines instructor demonstrations, hands-on exercises, scenario analysis, course-specific checklists, structured troubleshooting, and a final improvement plan.