Strengthen your organization's defenses against fraud with this program on fraud risk assessment, detection technologies, and proactive prevention frameworks. Participants will learn to identify fraud risks across the organization, implement controls to mitigate them, and use technology to detect red flags early. The curriculum covers fraud schemes (asset misappropriation, corruption, financial statement fraud), data analytics for fraud detection, and investigation techniques. Through case studies and hands‑on exercises, attendees will develop the skills to build a robust anti‑fraud program that protects assets and reputation. This program equips risk, compliance, audit, and finance professionals to combat fraud effectively.
Objectives
- Conduct comprehensive fraud risk assessments across business processes
- Understand common fraud schemes and red flags
- Design preventive controls to deter fraud
- Use data analytics (e.g., Benford's Law, anomaly detection) to identify potential fraud
- Implement continuous monitoring systems for early detection
- Conduct internal investigations in a legally sound manner
- Develop a fraud response plan and reporting mechanisms
- Foster an ethical culture that discourages fraud
- Stay abreast of emerging fraud trends and technologies
Target Audience
- Risk managers and fraud risk officers
- Internal and external auditors
- Compliance and ethics officers
- Finance and accounting professionals
- IT security professionals involved in fraud detection
- Legal counsel advising on fraud matters
- Investigators and forensic accountants
- Anyone responsible for fraud prevention
Methodology
- Fraud risk assessment workshops
- Data analytics labs using ACL or Excel
- Case study analyses of fraud incidents
- Investigation simulation exercises
- Control design sessions
- Ethics and culture discussions
- Peer sharing of fraud prevention experiences
