Page 610 - ITGC_Audit Guides

Fraud Prevention and Detection in an Automated World

As technology advances, so do schemes to commit fraud. Technology can not only be used to perpetrate fraud,
but also to prevent and detect it. Using technology to implement real-time fraud prevention and detection
programs will enable organizations to reduce the cost of fraud by lessening the time from which a fraud is
committed to the time it is detected.
Through a step-by-step process for auditing a fraud prevention program, an explanation of the various types
of data analysis to use in detecting fraud, and a technology fraud risk assessment template, the GTAG aims to
inform and provide guidance to chief audit executives and internal auditors on how to use technology to help
prevent, detect, and respond to fraud.

We’d like your feedback! Visit the GTAG page under www.theiia.org/gtags to rate it and submit your
comments.

Order Number: 1069
ISBN: 978-0-89413-680-1
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