WORKSHOP INTRODUCTION

Fraud risk CANNOT be eliminated and can only Accepted, Avoided, Reduced or Transfer and the ironies are:
- FRAUD STARES AT US AND WE CHOOSE TO IGNORE IT. THE TELL TAIL SIGNS ARE STARING AT US AND WE KNOWINGLY OR UNKNOWINGLY CHOOSE TO IGNORE IT.
- COMPLYING WITH REGULATIONS WILL ENABLE YOU TO COMMIT FRAUD

This program entails deliberation of different schemes that perpetrators hatch and how easily the FRAUD could have been uncovered but we choose to ignore it. The program touches on the following processes:
- Sales and Receivables
- Procurement and Payment
- Financial Statements
- Human Capital

WORKSHOP OBJECTIVES

  • How to identify the different types of schemes that can be hatched in each of the above processes
  • How to spot the Red flags or tell tail signs for the hatched schemes
  • Development of Prevention and Detection techniques to reduce the risk of it occurring in your Business

KEY TAKEAWAYS

  • Listing of fraud scenarios for 2 of the business processes complete with prevention and detection measures

PROGRAM OUTLINE

  • Understanding of key concepts in the world of FRAUD
  • Deliberation of framework and strategies in the space of FRAUD
  • Prevention and Detection controls to combat FRAUD

COURSE INFORMATION

Date: On demand
Venue: To be advised
Duration: 3 Days
Time: 9am to 5pm (9 hours including 1 hour lunch break and 2 tea-breaks of 20 minutes. 30 minutes Questions and Answers and 30 minutes for Competency Assessment - Optional)
Fees: Singapore Dollars 2499 (before GST) per participant
10% discount for 2 or more participants from the same the Company
20% discount for 4 or more participants from the same the Company

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