Excellence in Fraud Investigation, Detection, Deterrence and Control in Banks

Fraud continues to impact on organizations large and small and occurs at all levels within an organization. This course provides a comprehensive guide applicable to any organization on bow to deter, detect and investigate both internal and external fraud The course covers:

• The problems associated with both internal and external fraud and the techniques for fraud prevention and  detection
• The steps involved in investigating a fraud from the initial suspicion through to conclusion.
• The various threats, both internal and external, which can damage the credibility of the investigation.
• The need for sound investigation techniques coupled with exemplary documentation.
• The use of both overt and covert methods of gathering evidence
• The challenges associated with interviewing both witnesses and suspected perpetrators.
• The advantages and disadvantages associated with the use of search orders.

CONTENT:

The Nature of Fraud

-     The size of the problem.

-     Legal aspects of fraud.

-     The role of internal audit

Fraud Awareness

-     Examples of fraud.

-     The cycle of fraud.

-     Corporate policies,

Fraud Prevention

-     Creating an anti-fraud culture.

-     Whistleblowing.

-     Risk assessment

Fraud Detection

 -       Indicators of Fraud

-       Methods of Detection

-       Investigating Fraud

The perspective

-     Types and scale of fraud

-     The ‘honesty’ culture.

-     Relevant legislation.

-     Fraud environments.

-     Fraud indicators.

-     Anti-fraud policies.

Deterrence and detection techniques

-     Criminal psychology and the perception of detection.

-     Physical ways to improve fraud deterrence.

-     Fraud health checks.

-     Data mining.

The Investigation

-     Allocating a code name

-     Keeping it quiet

-     The secure document library.

-     The evidence trail.

-     Primary vs secondary evidence.

-     Search orders,

-     Use of computer evidence.

-     Questioning methods.

-     Knowing when to terminate an interview.

-     Record keeping

-     Timelines

The Final Step

-     Discipline, dismiss or prosecute?

-     Liaison with the authorities.

-     Timescales,

-     Impart within the company.

-     External publicity?

-     Dealing with the Lawyers

-     Attending court

FOR WHOM: Internal Auditors, Accountants, all those responsible for compliance operations and risk management in the Bank.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

DATE:

1ST BATCH              19th – 22nd February, 2019

2ND BATCH             18th – 21st  June, 2019

3RD BATCH             22nd – 25th October, 2019