Forensic Auditing Practice and Engagement Best Practice Prof. Oyedokun.pptx

Forensic Auditing Practice and Engagement Best Practice

Being a Paper Presented at the 6th Direct Membership Training of the Certified Institute of Forensics and Certified Fraud Investigations of Nigeria (CIFCFIN) on Monday, 25th of March, 2024.

1. Forensic Auditing Practice and Engagement Best Practice Being a Paper Presented at the 6th Direct Membership Training of the Certified Institute of Forensics and Certified Fraud Investigations of Nigeria (CIFCFIN) on Monday, 25 th of March, 2024.

2. ND (Fin), HND (Acct.), BSc. (Acct. Ed), BSc (Fin.), LLB., LLM, MBA (Acct. & Fin.), MSc. (Acct.), MSc. (Bus & Econs ), MSc. (Fin), MSc. ( Econs ), Ph.D. (Acct), Ph.D. (Fin), Ph.D. (FA), CICA, CFA, CFE, CIPFA, CPFA, CertIFR , ACS, ACIS, ACIArb , ACAMS, ABR, IPA, IFA, MNIM, FCA, FCTI, FCIB, FCNA, FCFIP, FCE, FERP, FFAR, FPD-CR, FSEAN, FNIOAIM, FCCrFA , FCCFI, FICA, FCECFI, JP Prof. Godwin Emmanuel Oyedokun Professor of Accounting and Financial Development Department of Management & Accounting Faculty of Management and Social Sciences Lead City University, Ibadan, Nigeria Principal Partner; Oyedokun Godwin Emmanuel & Co (Certified National Accountants, Tax Practitioners & Forensic Auditors)

3. Forensic Auditing Practice and Engagement Best Practice

4. Contents

5. Introduction

6. Overview of Forensic Auditing

7. Key Objectives of Forensic Auditing

8. The Forensic Audit Process

9. Forensic Auditing Practice

10. Advanced Forensic Auditing Practice

11. Advanced Forensic Auditing Practice

12. Forensic Auditing Engagement Best Practices

13. Engaging in Forensic Auditing

14. Engagement Best Practices

15. Stages in Forensic Auditing Engagements Stage One: Pre-Engagement

16. Stages in Forensic Auditing Engagements Stage Two: During the Engagement

17. Stages in Forensic Auditing Engagements Stage Three: Post-Engagement and Reporting

18. Stages in Forensic Auditing Engagements Additional Considerations

19. Reporting Best Practices

20. Roles of Forensic Auditors

21. Roles of Forensic Auditors

22. Roles of Forensic Auditors

23. Types of Forensic Auditing and Engagement Best Practices

24. Types of Forensic Auditing and Engagement Best Practices Document and communicate your findings to stakeholders, emphasizing the importance of adherence to regulations

25. Relevant Skills to Forensic Auditing and engagement Best Practice

26. Relevant Skills to Forensic Auditing and engagement Best Practice

27. Relevant Skills to Forensic Auditing and engagement Best Practice Continuous development and refinement of these skills are critical for success in this dynamic and demanding field

28. Opportunities within Forensic Auditing

29. Opportunities within Forensic Auditing These opportunities demonstrate the diversity within the field of forensic auditing, encompassing roles in accounting, law, technology, and risk management

30. Challenges in Forensic Auditing

31. Challenges in Forensic Auditing

32. Conclusion

33. Recommendations

34. Recommendations

35. Prof. Godwin Emmanuel Oyedokun Professor of Accounting & Financial Development Lead City University, Ibadan, Nigeria Principal Partner; Oyedokun Godwin Emmanuel & Co (Certified National Accountants , Tax Practitioners & Auditors) [email protected]; [email protected] [phone] & 2348055863944