Session 1: 

1. What is fraud?
2. How large is the problem?
3. Which businesses are affected?
4. Why do people commit fraud?
5. Who commits fraud?

 Session 2: 

6. What is risk management?
7. The meaning of Corporate Governance
8. The risk management life cycle
9. The establishing of a risk management team and goal setting
10. Identifying risk areas in business  

DAY TWO – Risk Management/ Business Governance Issues – Fraud Prevention

 Session 3: 

1. Understand and assessment of the scale of risk
2. Developing a risk response strategy
3. Implementing the strategy and allocation of responsibilities
4. Implementing and the monitoring of controls
5. Reviewing and refining practices
6. Decision making information

 Session 4: 

7. A strategy to combat fraud
8. Developing a sound ethical culture
9. Sound internal control systems
10. National and International preventative measures in line with international standards and cooperation.

DAY THREE – Financial Crime Investigation and its Management – Fraud Detection/Fraud – Response – Use of forensic accounting within the investigative process 

Session 5: 

1. Detection methods & Investigation
2. Indicators and warnings
3. Tools and techniques
4. Investigation process of complex frauds of organised crime and terrorist financing through inter-agency cooperation.
5. Fraud Response Plan – its purpose

Session 6: 

6. Corporate policy
7. Definition of fraud (revisited for the purpose of open discussion)
8. Roles and Responsibilities
9. The response – Who to involve, and why.
10. Organization’s objectives and its dealing with fraud events
11. Follow up approach and actions 

DAY FOUR – Bribery Act 2010 & Fraud Act 2006 – Use and Impact 

Session 7: 

1.   Introduction to Bribery Act 2010
2. Introduction to Fraud Act 2006 – (1) fraud by false representation, (2) fraud by failing to disclose information, and (3) fraud by abuse of position.
3.   Organisations – Risk Based Approach
4.   Hospitality – Understanding its limitations
5.   Offences dealt with in the UK
6.   Case studies
7.   Section 7 – Liability of Commercial Organisations
8.   Associated persons who provide a service
9.   Prosecutable Discretion
10.   Six Principles
11.   Top level commitment to standard operating procedures

Session 8: 

DAY FIVE – Money Laundering & Terrorist Financing    

1. What is money laundering?
2. Terrorist Financing – FATF 40 + 9 recommendations
3. Why is it such an issue now?
4. What is being done to counter it?
5. What are the compliance issues?
6. What are the prevention issues?
7. What is the risk of getting it wrong?
8. The way forward
9. Film on Bribery and Corruption “No Bribery please we’re British” 

Close down – Final Questions and Answers

NOTE:  

*Time for Questions and Answers has been built into each session and also at the end of each day. 

**Throughout the week, sessions will be supported by ppt presentation and video links in order to stimulate discussion.