Essential Safeguards against Fraud Risk (Classroom Facilitated Training)

This programme provides participants with a comprehensive understanding of fraud, its typologies, and how internal and external frauds are carried out.

Through real-life case studies and interactive exercises, participants learn to identify red flags indicative of potential fraud risks. The course also covers safeguards, controls, and compliance requirements, equipping participants with practical knowledge to mitigate fraud risks effectively.

Participants, through this training, will

• Understand the definition of fraud and different fraud typologies.
• Identify various types of fraud, including internal and external, through real-life case studies.
• Recognise red flags indicative of potential fraud risks.
• Aware of the safeguards and controls to mitigate fraud risks, with reference to real-life cases.
• Comprehend regulatory frameworks and compliance requirements related to fraud risk management.
• Enhance reporting, communication, and notification skills related to fraud incidents.
• Incorporate exercises to practise identifying fraud risks and effectively explain the safeguards and controls.

Customer Service, Support, Operations, Risks and Control, and any managers and professionals responsible for Risk Management, Compliance, Internal Audit, and Fraud Risk Management. It also benefits individuals seeking to enhance their knowledge and skills in Fraud Risk Management.