Fraud Risk Management Program

Fraud in general poses a tremendous threat to organizations of all types and sizes in all parts of the world.

According to the ACFE Report to the Nations 2018 Global study on occupational Fraud and abuse organizations from 125 countries in 23 industry categories have lost more than $ 7 billion for the year 2016 and 2017 with 22% of cases caused losses of $1 Million plus.

Corruption was the most common scheme in every global region besides Asset Misappropriation and Financial statement fraud schemes. Awareness about fraud and embedding anti-fraud procedures in the system of your organization can have significant impact on the sustainability of your organization in the long term.

This workshop will help you to learn why people commit fraud, how to identify fraud risks, establish an anti-fraud culture and ensure fraud awareness and prevention in your organization. This training course will explain how to build a robust Fraud Risk Management Program and how to integrate Anti-Fraud initiatives in to your Fraud Risk Management Program.

Benefits of Attending

  • Reviewing current trends and new techniques in combating fraud
  • Setting effective Fraud Prevention and Detection procedures
  • Eradicating common areas of potential occupational Frauds
  • Developing a robust Fraud awareness program within the organization
  • Identifying and assessing organization’s vulnerability to fraud and financial crimes
  • Establishing a sustainable corporate environment conducive to combating fraud at all levels
  • Discovering the necessary preventive measures taken to combat fraudsters and money launders
  • Utilizing this event to learn, network and benchmark with key players in the industry

Who Should Attend

The workshop is very useful and beneficial for the following individuals:

  • Chief Executive Officers
  • Chief Information Officers
  • Chief Risk Officers
  • Risk Advisors
  • Risk Managers
  • Internal Auditors
  • Finance Managers
  • Chief Audit Executives
  • Chief Finance Officers, Finance Directors
  • Financial Risk Managers
  • Banking and Finance professionals and Other Professionals