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Professional Development

Internal Controls and Fraud


Course Objectives

Performance auditors often lack a solid understanding of internal controls and the role they play in performance audits. Take this course to learn key concepts related to internal controls, including:

  • preventive and detective controls,
  • control design and implementation, and
  • how to identify the risk of fraud.

Who Should Participate

This course is for auditors at all levels who want to understand the importance of internal controls, identify key risks related to internal controls, and develop audit objectives and criteria focused on these risks.


This course is delivered over 2-3 days, either virtually or in-person. The course includes a mix of instructor-led content, interactive exercises, and break-out sessions.

Course Outline

Day 1 | 7 hours

  • Definition of internal controls
  • How controls apply to audits
  • Risk management
  • Controls and audit objectives
  • Risk-based audit objectives

Day 2 | 7 hours

  • Control models
  • Control activities
  • Assessing internal controls
  • Fraud and the fraud triangle
  • Public sector fraud
  • Identifying and dealing with red flags

We do not currently have an open offering for this course. Please email us to let us know you are interested in this course and we will notify you as soon as we set a date for the next offering.



Member: $1,129
Non-Member: $1,429

Note: Prices are per person for virtual courses only. Price for in-person courses can be provided upon request.


To request a dedicated offering for your office, please contact training@caaf-fcar.ca.

Note: The course outline above is provided as a guide. Number of hours include teaching time and breaks.


Course hours can be submitted for CPE or CPD credits, subject to approval by IIA, CPA Canada, or other professional associations.