Best Practices in Managing Employee Fraud and Corruption Risk
1 Day/ $450
This course provides participants guidance in setting up a strong fraud risk managementin managing employee fraud and corruption risks within organization.
Programme Objective
Employee fraud and corruption are not a distant events in today business world. There have been many instances of fraud and corruptions reported newspaper have led to the downfall of large organizations. There are many more unreported cases fraud and corruption cases occurred in smaller enterprises. Negative impact, in terms of financial, legal and reputational, of fraud on organization is far reaching. It is crucial for organisations to have a strong fraud risk management programme, especially when the company expand into new and emerging markets. Regulators and the senior executives today expect robust fraud risk management to prevent and detect fraud. Organization today are taking proactive step in managing fraud risks with framework, structure, policies, processes, systems putting in place. On completion of this program participants will - Gain knowledge on fraud risk management and proactive fraud prevention measure - Aware of the overall concept of fraud and fraud risk management - Learn about different type of fraud schemes and red flags - Recognize key components of effective fraud risk management and able to set up one - Able to set up and conduct fraud risk assessment and whistle blowing program - Understand the various roles and responsibility and stages in fraud detection - Able to design fraud risk awareness educations
