Forensic Accounting Workshop in Bhutan
29 February to 1 March 2016

The workshop mainly provided information on the Anticorruption Policy and related procedures of Asian Development Bank (ADB). Similarly, it served as a venue to share knowledge and experiences on fraud prevention and detection techniques, financial reporting, and audit requirements relevant to ADB projects. It was also an opportunity for the participants to exchange anticorruption efforts with supreme audit institutions, anticorruption commissions, and auditors from the private sector.

Program and Learning Materials
Session / Activity Title Speaker(s)
Welcome Remarks
Opening Remarks
Why Are We Here?
This presentation explains the rationale behind the Forensic Accounting Workshop and how corruption affects the projects supported by Asian…
H. Lorraine Wang, Maria Dionelle Facun
Office of Anticorruption and Integrity's Mandate and Integrity Principles
This presentation outlines the mandate of Asian Development Bank's Office of Anti-Corruption and Integrity, along with the integrity principles it…
H. Lorraine Wang, Maria Dionelle Facun
Team Exercise 1 Identify and Classify Integrity Violations Indicators
Procurement Guidelines
Regulatory Framework and Fraud Concepts
This presentation enumerates the responsibilities of auditors in relation to fraud, and tackles the telltale signs of fraud.
H. Lorraine Wang, Maria Dionelle Facun
Team Exercise 2 Red Flags in Public Expenditure/Public Sector
Professional Skepticism
This presentation tackles the relevance of professional skepticism in forensic accounting.
H. Lorraine Wang, Maria Dionelle Facun
Team Exercise 4 Professional Skepticism
Financial Statement Fraud
This presentation explains how errors and manipulations arise, and enumerates the types of financial statement frauds and analysis.
H. Lorraine Wang, Maria Dionelle Facun
Team Exercise 5 Types of Financial Statement Fraud
Session / Activity Title Speaker(s)
Recap of Day 1
Procurement Irregularities in ADB Projects and Lessons Learned from Procurement-Related Reviews
The Asian Development Bank closely looks into each project it supports through Project Procurement-Related Reviews. These reviews offer internal…
H. Lorraine Wang, Maria Dionelle Facun
Team Exercise 7 Identify Common Fraud/ Corruption Schemes
Team Presentation
Independent Due Diligence
Due diligence is a pre-requisite in identifying frauds and irregularities. This presentation provides helpful sources to verify accuracy of…
H. Lorraine Wang, Maria Dionelle Facun
Video Presentation
Group Discussion Identification of Audit Procedures
Team Exercise 8 Identify Vulnerable Areas and Potential Misuse
Group Discussion Fraud and Corruption Challenges in Developing Member Countries
Closing Remarks

Disclaimer

The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.

Event Coordinator/s

  • Maria Dionelle Facun

ADB Organizer/s

  • Office of Anticorruption and Integrity

Topics

  • ADB Administration and Governance