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Fraud Prevention and Detection – How to Manage the Risks

Quorum Training

Summary

Price
£654 inc VAT
Study method
Classroom
Duration
1 day · Full-time
Qualification
No formal qualification

Location & dates

Location

Address
61-65
Great Queen Street
Central London
London
WC2B5DA
United Kingdom
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Address
9-10 Portland Pl, Marylebone
West London
London
W1B1PR
United Kingdom
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Overview

SPEAKER: STEVE GILES

Fraud is a crime that threatens both an organisation’s profits and its reputation. These threats are increasing so that it is vital that fraud risks are managed effectively. Delegates will learn about the various types of fraud and the modern threat landscape, in particular the important and developing danger of cyber crime. They will also be made aware of the motives and behaviours of fraudsters to be able to spot behavioural red flags. A key part of developing an effective fraud risk management framework is awareness of controls that work in practice and delegates will be taken through the key preventative measures and detective techniques to fight fraud. The course is highly interactive throughout, with practical tips, case studies and lessons learned from a review of recent cases.

Description

CONTENT

  • The modern fraud risk management framework
  • Definitions, types of fraud, scale and typologies
  • External fraud – focus on cyber crime
  • Internal fraud: fraudulent financial statements; asset misappropriation; and bribery and corruption
  • The people problem: motives and behavioural issues behind fraud – the Fraud Triangle, who commits fraud and why
  • Responsibilities for fraud prevention and detection – the role of directors and senior managers
  • The role and responsibilities of auditors (internal and external) in fraud prevention and detection
  • The most effective anti-fraud prevention controls discussed and analysed
  • Red flags and the forensic approach, with key detective techniques – hotlines, data mining and fraud auditing
  • Headline cases and practical examples

Who is this course for?

Directors, finance and procurement professionals, internal auditors, compliance officers, operational risk managers, ethics, HR and security officers and all those responsible for implementing anti-fraud and corruption programmes in their organisations.

Questions and answers

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

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