Managing Fraud Risk

Service Description

Fraud is a risk to both the profits and reputation of all organisations - and it is a risk that is increasing in current economic conditions. This inter-active session focuses on the role of the board of directors in fraud prevention and detection. It addresses both occupational fraud and the main threats from cybercrime, it discusses recent cases and the lessons that can be learned therefrom and provides practical tips for mitigating fraud risk. It is highly topical and very relevant to directors today. OBJECTIVES 1. Enable directors to discharge their duties around corporate fraud 2. Gain a better understanding of the key anti-fraud prevention and detection controls 3. Raise awareness of internal and external fraud threats and the prime indicators of risk 4. Consider the modern financial crime threat landscape and the dangers of bribery and corruption 5. Discuss and learn from recent fraud cases BENEFITS The course examines occupational fraud and the main threats from cybercrime - as well as discussing recent cases and the lessons that can be learned - and provides practical tips for mitigating fraud risk. It is highly topical and very relevant to directors, given the likely changes to corporate reporting with a new requirement for directors to report on the actions they have taken to prevent and detect fraud.