Fraud should not happen, but it does. It can happen at the highest to lowest levels in an organisation. Recent surveys show that incidents of fraud are not decreasing. Fraud costs companies money and, perhaps even more importantly, reputational damage.
The losers are not just the shareholders, suppliers, customers, etc, but society as a whole.
This programme shows why frauds happen, how organisations put themselves at risk and what they can do to prevent it.
- The motives for committing fraud
- Directors’ responsibilities for identifying and reporting fraud
- What types of frauds there are
- How frauds are perpetrated
- How they can be prevented
- How regulators deal with fraud
Above all, the principal objective of this programme is to help make your organisation as secure as possible from the threat of fraud.
Who should attend?
This programme is ideal for directors, senior management teams, senior finance personnel and internal auditors.
Auditors in private practice would also benefit.
The course material has been developed to meet the needs of many successful companies by supporting their management improvement programmes.
The programme can be tailored to meet the needs of the public sector, voluntary organisations and charities.
The author of a number of books, including Finance and Accounting Desktop Guide, Practical Investment Appraisal and The Complete Guide to International Financial Reporting Standards, Ralph is in great demand as a lecturer and trainer. He presents technical update courses on behalf of professional organisations such as the ACCA, ICAEW as well as training programmes on behalf of institutions and commercial organisations in the UK and internationally.
Ralph’s unusual combination of depth of technical expertise with breadth of approach and excellent training skills makes him a very popular trainer with audiences from all backgrounds and at all levels. See what people have said about his training:
‘A very good presentation’
‘Was eloquent and seemed to genuinely enjoy talking about subject matter’
‘Quizzes helped me to think more about fraud’
‘Good mix of teaching and group work’
‘Good use of examples made the theory work on a practical level’
‘An entertaining review of a potentially dry subject’
1 Motives for committing fraud – drivers of fraud
- Drivers of fraudulent behaviour
- And more!
2 Accounting mechanisms that allow fraud
- Income or liability?
- Asset or expense?
- Coding errors and misclassification
- Netting off and grossing up
- Off-balance sheet items
3 Structures that allow fraud
- Group structures
- Trading structures
- Tax havens
- Importing and exporting
4 Interpretations and other non-compliance that allow fraud
- The place of accounting standards
- Accounting policies
- Trading methods
- The place of auditing standards
5 Money laundering
- Types of money laundering
- Identifying laundering
- Preventing laundering
6 Preventing fraud – proper management structures
- Corporate governance
- Company management structure
- Audit committees
- The place of internal audit
7 Preventing fraud – proper accounting
- Accounting standards
- Internal accounting policies
- Adequacy of internal controls
- Internal audit
8 Preventing fraud – regulation
- The regulatory environment
- Financial services regulation
- Course review
- Open forum
10 Course summary – developing your own cost action plan
- Group and individual action plans will be prepared with a view to participants identifying their cost risks areas and the techniques which can be immediately applied to improve costing and reduce costs
Any questions? Please just give us a call on 01582 463463 – we’re here to help!