Forensic Accounting Workshop in Bhutan
29 February 2016 to 01 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:
| Date | Session / Activity | Presentation Material | Speaker(s) |
|---|---|---|---|
| 29 Feb 2016 | Welcome Remarks | ||
| 29 Feb 2016 | Opening Remarks | ||
| 29 Feb 2016 |
Why Are We Here? This presentation explains the rationale behind the Forensic Accounting Workshop and how corruption affects the projects supported by Asian Development... |
H. Lorraine Wang, Maria Dionelle Facun | |
| 29 Feb 2016 |
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 upholds... |
H. Lorraine Wang, Maria Dionelle Facun | |
| 29 Feb 2016 | Team Exercise 1 | Identify and Classify Integrity Violations Indicators | |
| 29 Feb 2016 | Procurement Guidelines | ||
| 29 Feb 2016 |
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 | |
| 29 Feb 2016 | Team Exercise 2 | Red Flags in Public Expenditure/Public Sector | |
| 29 Feb 2016 |
Professional Skepticism This presentation tackles the relevance of professional skepticism in forensic accounting. |
H. Lorraine Wang, Maria Dionelle Facun | |
| 29 Feb 2016 | Team Exercise 4 | Professional Skepticism | |
| 29 Feb 2016 |
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 | |
| 29 Feb 2016 | Team Exercise 5 | Types of Financial Statement Fraud |
| Date | Session / Activity | Presentation Material | Speaker(s) |
|---|---|---|---|
| 01 Mar 2016 | Recap of Day 1 | ||
| 01 Mar 2016 |
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 controls... |
H. Lorraine Wang, Maria Dionelle Facun | |
| 01 Mar 2016 | Team Exercise 7 | Identify Common Fraud/ Corruption Schemes | |
| 01 Mar 2016 | Team Presentation | ||
| 01 Mar 2016 |
Independent Due Diligence Due diligence is a pre-requisite inidentifying frauds and irregularities. Thispresentation provides helpful sources to verify accuracy of information ... |
H. Lorraine Wang, Maria Dionelle Facun | |
| 01 Mar 2016 | Video Presentation | ||
| 01 Mar 2016 | Group Discussion | Identification of Audit Procedures | |
| 01 Mar 2016 | Team Exercise 8 | Identify Vulnerable Areas and Potential Misuse | |
| 01 Mar 2016 | Group Discussion | Fraud and Corruption Challenges in Developing Member Countries | |
| 01 Mar 2016 | Closing Remarks |