Internal Control & Fraud Prevention

Introduction

One of the ways that we can combat Fraud within our business is by the strong use of Internal Control. In this section, we will look at how Internal Control of people, processes, and technologies must all play a role in the fight against fraud.

This Internal Control and Fraud Prevention training seminar highlights the challenges that every business and individual faces in ensuring safe Internal Controls. Looking at all areas that can be affected by Fraud, it will highlight the risks now faced by the world of business and methods to protect us against them.

This training seminar will highlight:

• Different kinds of fraud

• Who commits Fraud and Why?

• Risks and Risk Analysis for Fraud

• Internal Controls to combat Fraud

• Hacking business systems

• Investigating Fraud from within the business

Course Objectives of Internal Control & Fraud Prevention

After completing this training seminar, you will be able to:

• Understand Fraud, Who commits it, and Why?

• Understand Risk and How to assess it

• Know Why Internal Controls are needed and How to decide which to employ

• Understand how easy it is to Hack your systems

• Be equipped to investigate Fraud properly

• Ensure your IT and computer systems are effectively monitored

• Understand how clever and advanced organized-crime, can be the threat posed to your business

• Safeguard yourself and your business

Course Methodology of Internal Control & Fraud Prevention

Participants in this Global Horizon training seminar will receive thorough training on the subjects covered by the training seminar outline with the instructor utilizing a variety of proven adult learning teaching and facilitation techniques. The highly interactive and participative training Seminar methodology includes case studies, exercises, and role-plays to simulate audit scenarios and situations that assurance professionals will encounter.

Organizational Impact of Internal Control & Fraud Prevention

This Internal Control and Fraud Prevention Training Course will benefit organizations in all business sectors by:

• Enhancing appreciation of the increasing Risk of Fraud

• Increasing awareness and, therefore, the safety of the business

• Showing employees where to look for weaknesses in their Systems

• Giving them the tools and techniques to better assess the Risk of Fraud

• Showing them how to detect Fraud and thereby stopping further instances

Personal Impact of Internal Control & Fraud Prevention

This training course will enable delegates to enhance their personal knowledge in the following disciplines:

• Know how to recognize those within the business that may commit Fraud

• Learning about and Evaluating the fraud risks

• Understanding why we need Internal Control

• Understand the Controls that can be used

• Investigation Techniques to help you find Fraud