Setting up Fraud Investigation Practice Prof. Oyedokun.pptx

Fraud poses a significant threat to organizations and society as a whole, undermining trust and integrity while inflicting substantial financial losses.
The establishment of robust fraud investigation practices is imperative to response to pervasive challenges of fraud.
These practices not only enable organizations to detect and prevent fraudulent activities but also serve as a bulwark against reputational damage and legal liabilities.
Effective fraud investigation goes beyond procedural frameworks; it necessitates a steadfast commitment to ethical conduct at every stage of the process.
As we delve into the intricacies of setting up a fraud investigation practice, we must remain cognizant of the ethical considerations that underpin our efforts.
Ethical conduct serves as the guiding principle that informs our actions, ensuring that our pursuit of truth and justice remains steadfast and principled.

1. Setting up Fraud Investigation Practice and Ethical Conduct Being a paper presented at the 7th Anti- Fraud National Conferences of the Association of Certified Fraud Examiners Lagos Chapter on Thursday 21st 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. Setting up Fraud Investigation Practice and Ethical Conduct

4. Contents

5. Introduction

6. Overview of Fraud and Fraud Investigation Practices

7. Some Common Types of Fraud

8. Fraud Investigation Practices

9. Fraud Investigation Practices

10. Skills Required for Fraud Investigation Practices

11. Setting up a Successful Fraud Investigation Practice

12. Setting up a Successful Fraud Investigation Practice

13. Key Requirements to Set up a Fraud Investigation Practice

14. Key Requirements to Set up a Fraud Investigation Practice

15. Considerations for a Forensic Investigation Firm

16. Resource Considerations for a Forensic Investigation Firm and Practice

17. Resource Considerations for a Forensic Investigation Firm and Practice By carefully considering these resource needs, you can equip your forensic investigation firm for success Remember, resource allocation will likely vary depending on your niche and the size of your practice

18. Training and Competency Needs for a Forensic Investigation Firm and Practice

19. Training and Competency Needs for a Forensic Investigation Firm and Practice

20. Technology and Tools in Fraud Detection and Investigation

21. Challenges of Fraud Investigation Practices

22. Overview of Ethics and Ethical Conducts

23. Types of Ethics

24. Characteristics of Ethical Conducts

25. Ethical Conduct in Fraud Investigation

26. Ethical Considerations for a Forensic Investigator

27. Importance of Ethical Conduct in Fraud Investigation

28. Consequences of Non-Compliance and Ethical Standards

29. Advocate for a Culture of Integrity and Transparency within Organization

30. Conclusion

31. Recommendations

32. 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