Risk of fraud is one of the types of fraud encountered by organizations today. If not addressed on time, it can bring disastrous results. Building effective fraud risk management program is a must. To do this, you must have tangible understanding of how and why fraud is carried out.
WHY SHOULD YOU ATTEND
Did you know that organizations tend to lose approximately 5% of their annual revenues to fraud? Unfortunately, most of the risk management personnel tend to misjudge the role of fraud in the scope of their duties. It is very important that organizations focus on risk and take steps to deter fraud. But, without clear objectives, it is not possible to have an effective fraud risk management program.
Fraud – what is it and some recent case examples
Some ways in which fraud can be manifested
Developing a risk management program to identify potential fraud
Indicators or “red flags” which can help to identify instances of possible fraud
What to do when potential fraud is found or identified
How to confront a person or company committing fraud
Some recent notable cases involving fraud
Identify, evaluate and manage fraud risks from all sources
Support fraud risk management proposals by launching an anti-fraud culture
Develop a system of internal controls to address the entity’s fraud risks
WHO WILL BENEFIT
Banks and other financial institutions
AML Compliance Officers
Heads/Directors of AML Compliance
Anti-Money Laundering Investigator
CCOs (Chief Compliance Officers)
MLROs, (Money Laundering Reporting Officers)
Toll Free: +1-888-300-8494
A fraud risk management training that is focused on understanding how & why fraud is conducted and how to develop effective programs to prevent it
Registration Fees Details
for one participant
Corporate Live Session
Group – Max 10 Participants from one location.
Get unlimited access to audio recording of the webinar for 6 months.
MP3 files, PDF presentation and reference manual will be delivered on a CD
Super Combo Offer 1
Live and Recorded webinar
Super Combo Offer 2
Live and Training CD