Essentials of Successful Fraud Risk Management
31-October-2024 :01:00 PM EDT Duration : 60 Minutes
We then move forward to explore the design and implementation of fraud risk management through a comprehensive review of the five key components of successful fraud risk management.
We spend time on fraud risk assessment, fraud control activities and why controls are important. Highlighting the value of rapid review and response we focus whistleblower processes, how we can help customers help themselves, and even review auditing the process.
Finally, we wrap things up by linking fraud to other risks and providing tips on how to apply this session’s lessons to existing fraud risk management programs.
Why Should You Attend:
One inherent risk to all businesses is FRAUD. That being said, most businesses react to fraud rather than anticipate and prevent. Honestly, fraud cannot really be prevented because fraudsters are always one step ahead. Of most of us. That being said, we can learn from our mistakes and prevent repeat fraud and more importantly, we can learn to properly react to fraud events thereby limiting exposure and loss. This session focuses on the basics of fraud risk management with real awareness of developing rapid response to fraud events.
Once the basic infrastructure to fraud risk management is understood and implemented management can focus on creating, developing and establishing a rapid response process that will limit exposure to the fraud event, reduce possible losses, and provide insights into what preventative controls may need to be updated or created and implemented.
This session is a must for new fraud officers and senior management and a value to members of the Board of Directors. It is a great refresher for experienced fraud managers and staff.
Course Outline:
The three key aspects of Fraud Risk Management are covered:
• Defining Fraud
• Design and Implementation of Fraud Risk Management
• Five Components of Successful Fraud Risk Management
• Fraud Risk Assessment
• Fraud Control Activities
• Whistle Blower Programs
• Auditing the Process
What You Get:
• Training Materials
• Live Q&A Session with our Expert
• Participation Certificate
• Access to Signup Community (Optional)
• Reward Points
Who Will Benefit:
• Internal and external audit professionals
• Internal control professionals
• Compliance and ethics professionals
• Loss prevention and risk specialists
• Security professionals
• Fraud examiners
• Middle Management
• Team Leaders
• Quality Control
• Project Managers
Please reach us at 1-888-844-8963 for any further assistance or if you wish to register
100% MONEY BACK GUARANTEED
Refund / Cancellation policyGet In Touch
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