Developing an Effective Fraud Risk Management Program

OVERVIEW Risk of fraud is one of the types of fraud encountered by organizations today. If not addressed on time, it can bring disastrous results. Building effective fraud risk management program is a must. To do this, you must have tangible understanding of how and why fraud is carried out.

WHY SHOULD YOU ATTEND

Did you know that organizations tend to lose approximately 5% of their annual revenues to fraud? Unfortunately, most of the risk management personnel tend to misjudge the role of fraud in the scope of their duties. It is very important that organizations focus on risk and take steps to deter fraud. But, without clear objectives, it is not possible to have an effective fraud risk management program.

AREAS COVERED

Fraud – what is it and some recent case examples
Some ways in which fraud can be manifested
Developing a risk management program to identify potential fraud
Indicators or “red flags” which can help to identify instances of possible fraud
What to do when potential fraud is found or identified
How to confront a person or company committing fraud
Some recent notable cases involving fraud

LEARNING OBJECTIVES

Identify, evaluate and manage fraud risks from all sources
Support fraud risk management proposals by launching an anti-fraud culture
Develop a system of internal controls to address the entity’s fraud risks

WHO WILL BENEFIT

Banks and other financial institutions
Credit Unions
Financing companies
Risk Managers
Securities Dealers
AML Compliance Officers
Heads/Directors of AML Compliance
Anti-Money Laundering Investigator
CCOs (Chief Compliance Officers)
MLROs, (Money Laundering Reporting Officers)

For more details click on this link :
http://bit.ly/2lWM2AY

Email: [email protected]
Toll Free:+1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882

PRICE :$199

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