Corporate Fraud Control During COVID-19 | Online Masterclass

Corporate Fraud Control During COVID-19 | Online Masterclass

June 2020

Date: June 12, 2020
Time: 9:30 AM – 2:30 PM

ABOUT THE PROGRAMME:
Corporate Frauds have become a threat to organizations in the highly competitive digital environment. Uncertain economic conditions and increasing business & technological complexities have made the corporates highly vulnerable to fraud and corruption globally. This one-day experiential workshop will focus on prevention, detection, and investigation of corporate frauds. It will help the participants to get well-versed with the successful tactics and techniques of detecting potential frauds and combating fraudulent activities that may happen in any organization. The workshop will give you focussed solutions that can be immediately put into practice to prevent fraud through case studies of real corporate frauds that have occurred in the recent past.

What You Will Learn:

• Use of data analytics for fraud prevention and detection
• Hands-on learning on corporate fraud control through case studies and real-life examples
• Auditing techniques and forensic accounting
• Challenges in creating an effective fraud risk management programme
• Key fraud risks in organizations – Management & Assessment
• Identifying red-flags to potential frauds and evaluating fraud risk mitigation
• Latest trends and techniques in corporate fraud detection
• Cybersecurity threats and how to combat the risks involved

1. Corporate Frauds in Current Scenario, Fraud Statistics
2. Procurement frauds, Anti-bribery provisions
3. Typical Fraudster Profile
4. Conducting Fraud Investigations
5. Process & Techniques of Investigation
6. Typical Challenges in Investigation

1. Identifying Key Fraud Risks and Red-Flags in Corporates
2. Evaluating fraud risk controls
3. Conducting Proactive Fraud Risk Assessment (FRA)
4. Understanding Fraud Risk Management through COSO Framework
5. Synchronising Corporate Fraud, Risk & Control
6. Whistle-Blowing: How it can be an effective tool for fraud detection?
7. Challenges in Creating an Effective Fraud Risk Management Programme

1. Investigation Techniques – How to identify early warning signals and red flags
2. Frauds during Covid and Post Covid Scenarios
3. How to Prevent and Detect
4. Financial Statement Frauds
5. Techniques of Analysing Financial Statement
6. Forensic Interviews & Interrogations
7. Auditing Vs Forensic Accounting Analysis
8. Case Studies

1. Cyber-Crime – Trends and preventive measures
2. Big Data, Benford’s Law & Data Analytics
3. Use of Data Analytics in Combating Frauds
4. Data Mining – An Effective Tool for Forensic Accounting
5. eDiscovery and the role of technology in dispute management/ resolution