Fraud Awareness & Internal Control

Course Description

Frauds hits quarter of companies on the average across industries. It is of paramount importance that Company need to educate its staffs in understanding why and how fraud occur so as to ensure preventive action for sustainable continuity of the organization.

Such initiatives through training will serve as deterrence for the prevention of fraud taking place which jeopardize internal & external stakeholders interest.

Participants will go thru case study, exercises, questions and answers for the purpose of applying effective internal controls and fraud deduction methods into the business functional flows.

Course Objective

• Understanding types of frauds and this include fraudulent financial reporting & misappropriation of assets.
• Understanding the conditions for fraud & the risks factors of fraudulent financial reporting.
• Learning to assess the risk of fraud through professional skepticism.
• Understanding of Corporate Governance oversight to reduce fraud risks
• Learning how to response to the risk of frauds
• Understanding the specific fraud risk areas
• Learning how to response when fraud is suspected

Target Audience

Managers Finance & non-finance staffs involved in designing and maintaining effective internal controls.