Details:
A one-day course equipping finance professionals &managers with the knowledge to identify, prevent, and respond effectively to fraud threats in any organisation.
Overview:
This one day course will seek to offer attendees a full understanding of the threat that various types of fraud poses, how to recognise where the threats may be and how to respond to them.
It is aimed at financial staff from book-keepers up to finance directors and other managers in any organisations that could become the victim of fraud. As it affects business and government entities of all shapes and sizes, it makes prevention and detection everyone's business.
Course Content:
- Overview of fraud
- The impact of fraud
- Cause of fraud and fraudster profiles
- The fraud triangle
- The Fraud Act 2006
Corporate fraud
- Management vs employee fraud
Risk factors
- Personnel, organisational and cultural risks
- Preventing fraud
- Whistle blowing
Procurement fraud
- Bribery
- Double invoice fraud
- Stock theft
Debtor fraud
- Teaming and lading
- Long firm fraud
- Bad debt write-offs
Payroll and expenses fraud
Tax fraud
Sector fraud
- Hotel, retail, charity, healthcare, insurance
Investment fraud
- Pyramid schemes
- Boiler room scams
Money laundering
- UK legislation
- SAR’s
- Politically exposed persons (PEPs)
- Anti-money laundering and combating terrorist financing
The external auditor’s role
- ISA 240 & ISA 315
- Internal controls
- Reporting fraud
- Internal auditors’ role
Directors’ duties and role in fraud prevention
Corporate governance
Speaker:
Dr Stephen Hill
Dr Stephen Hill, BSc (Hons), MLPI, CIIP, PhD is an expert trainer and consultant with over 20 years’ experience in fraud and cyber risk management, data protection, and open-source intelligence (OSINT). He previously spent 11 years leading the Fraud and Forensic Group at a top international firm of chartered accountants, advising clients on fraud prevention, detection, and asset recovery in collaboration with law enforcement and regulatory bodies.
Stephen served for 12 years as a Trustee Director of the Fraud Advisory Panel and now acts as a Special Advisor, having chaired its Cybercrime Working Group. He is an honorary steering committee member of the London Fraud Forum, sits on the ACFE UK Chapter committee, and is Co-Director of Fraud Training Ltd, the exclusive UK provider of the Certified Fraud Examiner (CFE) Exam Review Course.
He has trained the National Crime Agency and National Cyber Crime Unit and is now an NCA Special Advisor on OSINT and internet investigations. Stephen has delivered training and spoken internationally across the UK, Europe, the UAE, Southeast Asia, Australia, and New Zealand, working with police forces, government departments, financial institutions, and global organisations.
A published author and media commentator, Stephen wrote Corporate Fraud: Prevention & Detection (Bloomsbury Professional), with royalties donated to Victim Support, and is currently writing a new book on OSINT. He also supports the City of London Police as a volunteer, lectures at the Economic Crime Academy, and engages in safeguarding education through school outreach.