Good Practices in Tackling Fraud and Corruption: Effective Communication and Reporting
In this insightful presentation by Markus Erlmoser from the Internal Audit Department of the Federal Ministry of Finance in Austria, learn about the role of Internal Audit in detecting fraud and corruption. Explore practical examples for reporting with graphs, internal control systems based on COSO, process analysis for tax refunds, and more. Discover how to implement internal control systems effectively and enhance communication and reporting strategies.
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Presentation Transcript
bmf.gv.at Good practices in tackling fraud and corruption Effective communication and reporting Markus Erlmoser Internal Audit Department Federal Ministry of Finance -Austria Sochi, 29. October 2019
bmf.gv.at Role of IA in detecting fraud & corruption (MoF in Austria) Differentiation between Internal Audit Department and Bureau for Internal Affairs Fraud and anti-corruption as a task of Bureau for Internal Affairs Audit of the ICS as a task of Internal Audit Overlaps in case selection Quarterly meetings between Internal Audit and Internal Affairs Bureau Chief Audit Executive Team leader Internal Audit Service Head of Bureau for Internal Affairs Cases from fraud audit with relevance to internal control systems Feedback from audits related to fraud or corruption Effective communication and reporting 2
bmf.gv.at Practical examples for reporting with graphs Internal control system based on COSO Internal control system for tax refunds Implementation of the Internal control system (Quick Check) Efficiency of the internal control system for procurements Effective communication and reporting 3
bmf.gv.at Internal control system based on COSO Translation function for management by IAS Explaining theoretical models Audit of structures and their relevance to the audit topic Visualization of report lines Effective communication and reporting 4
bmf.gv.at Internal control system for tax refunds Process analysis of the refund procedure Process mining as a method for detecting irregularities in the internal control system Extracting knowledge from available event logs Confrontation between event data and process models Effective communication and reporting 5
bmf.gv.at Implementation of the Internal control system (Quick Check) Development of own audit models from different standards (e.g. COSO, 3LoD) Assessment of the maturity of the internal control system based on the developed audit model Effective communication and reporting 6
bmf.gv.at Efficiency of the internal control system for procurements (I) Analysis of the number and amount of procurement Analysis of system authorizations Effective communication and reporting 7
bmf.gv.at Efficiency of the internal control system for procurements (II) Analysis of the procurement process Showing inefficiencies in the process Identify gaps in the internal control system Effective communication and reporting 8
bmf.gv.at Effective communication and reporting Graphics trigger interest / Pictures stay longer in the mind Graphics contain a lot of information summarized in a compact way Data-based graphics help to find specific patterns and detect irregularities With pictures, complex facts can be described more easily Effective communication and reporting 9
bmf.gv.at Thank you for your attention! Markus Erlmoser Internal Audit Department Federal Ministry of Finance -Austria markus.erlmoser@bmf.gv.at
