Fraud Detection_ Investigation_ _ Prevention

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					Fraud Management Training Courses
The duration and depth of topics to be covered can be customized according to participants’
1. Fraud Detection, Investigation, & Prevention
2. White-Collar Crime
3. Psychological Criminology

   1. Fraud Detection, Investigation, & Prevention

Introduction to Fraud Examination

Course Description:

      This course is designed to provide managers, accountants, auditors, investigators and
       forensic accountants with an appreciation of the extent and nature of fraudulent activity,
       detection, prevention, investigation and resolution algorithms.
      Common methods to detect and prevent fraud in business are studied.
      Fraudulent financial statements and the misappropriation of assets are

Methods of Fraud Examination

Course Description:

      This course addresses various investigative and auditing techniques essential for the
       prevention, detection and resolution of fraud problems.

Fraud: A Criminological Perspective

Course Description:
   This course addresses the multi-facets and causes of fraud.
   It also discusses ways to identify the fraud indicators or “red flags” in one’s department,
      and techniques to spot potential fraudsters.
   This course further introduces approaches to develop and implement effective
      preventive measures, such as techniques of neutralization and fraudulent information
      detection during the recruitment process.

Ethics in Fraud Examination

Course Description:

      This course analyses the professional responsibilities and limitations of managers,
       auditors, accountants, investigators, lawyers, and fraud examiners.
      In addition, ethical considerations of a consultancy and conduct as an expert witness
       are discussed.
      The role of a CEO, Head of Department, Auditor, Accountant and staff member in fraud
       prevention is studied.
Fraud Detection: Developing a Strategy to Identify, Manage, and Fight the Risk of Fraud

Course Description:
   This course identifies the threat of internal fraud by emphasizing the role of pre-
      employment screening, leveraging internal and external intelligence, building fraud
      detection models, and introducing risk-based approach as a counter-fraud tactic.
   This course also focuses on key elements of fraud prevention strategy, the importance
      of incorporating fraud prevention into the corporate culture, and ways to measure the
      efficiency of the fraud prevention strategy.

Commercial Fraud Detection and Prevention: A New Perspective

Course Description:
   This course introduces the policy in commercial crime prevention, the role of the
      corporate in commercial fraud prevention, and the significance of working with the law
      enforcement agencies and other authorities.
   This course also addresses the current trends in commercial fraud, the statistics and
      common methods of fraud, modus operandi of syndicates, manipulation of the
      documentary and financial system, and techniques to detect commercial fraud in
      everyday business operations.

Fraud Detection and Prevention: Implementing a Framework to Safeguard You’re

Course Description:

      This course provides an overview of the intensity of damage fraud has created in the
       current business world.
      It addresses different types of fraud and ways to identify “red flags.”
      Fraud prevention and detection strategies are also discussed in this course.

Armed Hold-Up Safety Vs Physical Security

This is a programme for learning how to manage all aspects of an Armed Hold-Up in the
Workplace. Unfortunate as it is, armed hold-ups are now a common occurrence. They can occur
in virtually any business that handles cash or high value goods. Even after taking all sensible
precautions, there is still a significant risk that some businesses will be robbed. No practical or
cost-effective amount of security can eliminate the risk altogether. That’s why it is essential to
train staff how to manage this situation safely and correctly before it arises. Despite what you
may have heard, staff can learn skills which will help them deal with an armed hold-up safely.
When conducted professionally, armed hold-up safety training has great benefits for the

Introduction to Forensic Accounting

Course Description:
   This course examines the principles of accounting, which includes the abuse and misuse
      of accounting procedures, and the use of accounting in the investigation of commercial
   In addition, strategies and tactics essential to the fraud examination process will also be
   This course further introduces the topics of financial statement analysis, interpretation
      and scrutiny of financial records and documentation, reporting irregularities, trace
      techniques, fraud examination approaches, legal rules and statutory construction
      pertinent to accounting practices.

Fraud Investigation

Course Description:

      This course introduces the prerequisites for a successful fraud investigation.
      In addition, the most effective method for the employers to investigate internal and
       external fraud, the appropriate actions when confronting employees suspected of
       engaging in fraudulent activities, and the suggested ways for the employers to deal with
       the outcome of the fraud investigation will also be discussed.

Proactive Investigation: Integrity Testing

Course Description:

      This course is designed to provide managers and investigators with an appreciation of
       proactive investigation and effective tools to detect system gaps in order to improve on
       the controls.
      It helps organizations to develop a culture of conducting periodic risk assessment
       analyses to unearth latent risks and develop interventions.

Electronic Data Investigations

Course Description:

      This course examines the topics of fraud investigations and the use of various electronic
       data investigation techniques, including computer forensics, data analysis, data mining
       of accounting information, and public record searches utilizing the Internet and
       commercial service bureaus.

Internal Auditing and Investigations

Course Description:

      This course focuses on the theory and practice of internal auditing and its role in

      Investigative and audit principles and techniques relevant to selected fraud situations in
       case settings are also discussed.

IT Auditing and Investigations

Course Description:

      This course introduces the current IT audit and investigative software and processes
       used to explore contemporary accounting systems and databases.
      In addition, the contemporary electronic and other means of surveillance in use today
       are also discussed.

Fraud Data Analysis

Course Description:

      This course focuses on the computer-aided data analysis techniques for detecting and
       investigating fraud cases, issues related to the collection and use of digital evidence,
       and collection of data from electronic devices.

Fraud Interviewing and Interrogation Techniques

Course Description:

      This course addresses the purpose and types of the fraud interview.
      In addition, the interview skills and methodology, dos and don’ts of interviews, types of
       witnesses, physical setting considerations, legal considerations in interviews, the
       kinesics of interviewees, and the interview process are also examined.
      This course further elaborates on methods of conducting confession interview and the
       key components of a confession.

Fraud Prevention: Effective Risk Management

Course Description:

      This course examines the significant role of Internal Audit in fraud risk management, and
       the important working relationship between risk managers and heads of security in
       deterring fraud.
      In essence, this course creates an awareness of fraud management for overall internal
       control enhancement.

Developing Fraud and Corruption Prevention Plan

Course Description:

      This course is designed to provide managers and investigators with the skills and
       knowledge to enable them to develop an effective anti-fraud policy.
      The comprehensiveness of the prevention plan is crucial for having effective antifraud
       strategies in place.

Developing a Corporate Integrity Plan

Course Description:

      This package is designed to help senior managers in developing an effective integrity
      It is in line with the government's call for all corporate sectors to develop a corporate
       integrity plan as outlined in the National Integrity Plan.
      This plan will address the issues of fraud, corruption, abuse of power, and unethical acts
       in a comprehensive and concerted way.

Combating Fraud and Financial Crimes

Course Description:

      This course examines the methods of creating a unified critical infrastructure protection
       platform between different industry sectors, the approaches for the private sector and
       the public to work together to enforce critical infrastructure protection, and the
       effectiveness of the coordination between the law enforcement and government
       agencies in combating fraud and financial crimes.
      This course further discusses the approach to protect against financial crimes,
       particularly those that are linked to subversive international organizations (i.e terrorist

Security Screening of Applicants and Staff (BS 7858: 2006)

Course Description:

      The course verifies that the applicant does not have a relevant criminal record, bad
       conduct or bad ethical history.
      The course equips delegates with skills on conducting effective background searches on
       applicants and existing staff members
      It verifies the person's stated work history e.g. is the record as stated, or has the
       applicant fabricated their work history to cover up for a dismissal or unsatisfactory
      It assesses the person's previous work performance and competence
      The course verifies if the person was viewed as an asset or a liability to the previous

Best Practice in Managing the Internal Corruption & Fraud Risk

Based upon courseware endorsed by the Association of Certified Fraud Examiners, this course
provides the understanding and the tools you need to prevent and detect internal (occupational)
fraud and corruption within your organization and also enable you champion competent risk
assessment and mitigation tools and algorithms.

Course highlights are described below.

Risk and Delinquency Management

Course Description:

This course covers the contemporary techniques of financial risk management, with a focus on
real life examples and case studies. First, we review the financial derivatives and standard
hedging techniques. Then, we consider market risk, concentrating on VaR (value-at-risk)
measurement and interpretation. In addition, we look at stress testing as well as several other
market risk measures. We continue with liquidity risk, credit risk, external risk, financial
management risk, systems integrity risk, risk of management function and operational risk.
Finally, we discuss several applied issues, such as the internal fraud threat and specifics of risk
and delinquency management in banking and in the MFI markets.

Auditing Computerized Accounts

Course Description:

      Participants shall rapidly become familiar with the essential concepts of computer
      Participants shall be armed with the skills required for auditing Application Systems
       routinely operated AND those rarely operated.

Procurement Fraud Examination

Course Description:

There is a potential for a large amount of procurement fraud in many different types of
organizations. All institutions need supplies in order to operate, even if it is only stationery, so
there is a risk of fraud. Clearly the risk is greater where levels of procurement are high. This
means that manufacturers, construction companies, nongovernmental bodies, financial
institutions, institutions of learning, and many private and public sector bodies are particularly


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