Course Description

Synopsis:

This module provides participants with a practical understanding of how forensic accounting supports fraud detection, investigation, and risk mitigation in the insurance sector. Through real-world case studies, participants will examine the role of forensic accountants in uncovering fraudulent activities, analysing financial evidence, and supporting investigative outcomes. The module also explores the regulatory and legal environment that influences forensic practices, highlighting the distinctions between internal audit and forensic investigations.

Participants will further gain insights into the challenges faced by insurance forensic professionals, including increasingly sophisticated fraud schemes, and explore emerging trends such as data analytics, technology-enabled investigations, and evolving regulatory expectations. By the end of the module, participants will be better equipped to understand the value of forensic accounting in strengthening organisational resilience, enhancing fraud prevention efforts, and supporting effective governance within the insurance industry.

This is a 2-part Insurance Forensic Accounting series. Start with part 1, Insurance Forensic Accounting: Uncovering Fraud, Strengthening Controls, and Protecting Insurers

Intended For:

• Audit Professionals / PAIP 
• Finance Professionals / PAIB  
• C-suite & Directors

Competency Mapping: 

• CPE Category "Others" = 0.5 CPE Hour