Advanced Fraud Detection and Control Course

The responsibility to take action after frauds have been detected rests on senior management. In some cases, control overrides are often done by senior management, thereby making a mockery of the fight against fraud. This course would bring senior management into the reality of how to ensure that control mechanism protects the assets of their organizations and their subordinates are kept on tabs.

Learning Objective

At the end of the session, participants will be able to:

• Demonstrate advanced fraud detection skills;
• Demonstrate necessary skills to prevent frauds;
• Write lucid investigation reports
• Employ the skills to prosecute fraud suspects

Course Outline

• Key issues which drove the frauds of the 21st Century
• Money Laundering,
• Money Laundering - Examples of Suspicious transactions
• Economic justification for eliminating Fraud
• Social justification for eliminating Fraud
• International justification for eliminating Fraud
• Moral justification for eliminating Fraud
• Mechanisms for dealing with Fraud
• Strategic Fraud Prevention Plan
• Discuss the issues, and risks associated with various policy actions to combat Fraud
• Prosecution