The Institute of internal Auditors Philippines, Inc.
The Institute of Internal Auditors (IIA) Philippines is a professional organization dedicated to the advancement of the internal audit profession in the country. Our members, who work in internal auditing, risk management, governance, internal control, information technology audit, education and security, came from various industry or sectors in the Philippines and belong to a global network of almost 200,000+ professionals from more than 170 countries and territories sharing a common vision of a global profession of internal auditing.
The Institute of Internal Auditors Philippines Inc. (IIAP) was registered with SEC in 1982 and formerly known as The Institute of Internal Auditors, Inc. – Manila Chapter. It was founded on August 14, 1948 by Mr. Santiago F. Dela Cruz Sr. along with a small group of accountants actively engaged in the profession. Mr. Dela Cruz, who is considered to be the moving spirit of the association, is the same man who, two years earlier than IIAP, co-established the Philippine College of Commerce and Business Administration (PCCBA) which we now know as the University of the East.
The IIAP despite some struggles during its formative years was able to attain full-fledged stature as a professional association upon earning its “Institute” status from The Institute of Internal Auditors (IIA Global) in 1990. At the time, IIAP is 1 of the 6 (six) chapters in the Pacific Region (others were in Bombay, Tokyo, Sydney, Melbourne and Ceylon). On its 75th Anniversary Celebration and Global Business Meeting last 16-17 July 2016 at New York Hilton Midtown, the IIAP was acknowledged as the 3rd Chapter organized by the IIA Global since the latter’s founding in 1941 still then headquartered in New York City, USA
This course discusses the role that a strong fraud prevention and detection program can have in supporting the governance structure, the importance of a fraud risk assessment, and how this assessment enables an organization to develop preventive and detective fraud controls, and finally, the implications fraud has on the role and focus of the internal audit function are explored.
Identify the definitions of governance, risk management, and control in the context of fraud.
Identify fraud prevention, deterrence, and detection techniques.
Identify the behavioral aspects of fraudsters.
Identify internal auditors' compliance and fraud-related responsibilities related to protecting the organization from regulatory violations.
Identify the evolving responsibilities of the internal audit function, including the involvement of forensic accountants and fraud examination specialists.
Olidan Ceasar Galvez
Managing Partner at Glavez and Nicdao Consulting Co.