Fraud Awareness and Prevention Workshop

Modern anti-fraud strategies are proactive and focus on prevention and detection, rather than investigation. This workshop concentrates on the three crucial areas to a company and its employees discharging their responsibilities regarding fraud:

• the nature of fraud
• the indicators of fraud
• anti-fraud policies and procedures

The workshop is highly interactive and designed to raise awareness of fraud threats and the crucial "red-flags" - suspicious activities that may point to fraud. It takes a risk-based approach and shows delegates the specific anti-fraud controls that are most effective at managing the threats.

Course Content:

The Nature of Fraud

• The size of the problem
• Legal aspects of fraud
• The role of internal audit
• The people problem

Fraud Awareness

• Examples of fraud
• The cycle of fraud
• Corporate policies
• Fraud as business risk

Fraud Prevention

• Creating an anti-fraud culture
• Whistleblowing
• Risk assessment
• The key anti-fraud controls

Fraud Detection

• Indicators of fraud
• Methods of detection
• data mining
• Investigating fraud