• Introduction to Fraud

The Definition of Fraud How Fraud Could Take Place The Fraud Triangle and its Implications Who is a Fraudster? How Fraud can Affect Your Organization

• The Various Fraud Schemes

Corruption Misappropriation of Assets Financial Statement Fraud Accounts Receivable Fraud Illustrations and Samples Video Presentation

• How to Get Away With Fraud?

How Fraud Conversion Takes Place Why Fraud Concealment is Important to Hide Fraud Conversion The Common Techniques in Fraud Concealment The Connection Between Fraud Concealment and Fraud Conversion An Illustration on How a Fraud Conversion Took Place and Was Concealed to Avoid Detection

• Fraud Prevention and Detection

The Difference Between Fraud Detection and Prevention How Control Activities and Policies can Reduce Fraud Incidences Definition of Internal Controls Good and Effective Internal Controls How to Design Internal Controls to Detect and Prevent a Specific Fraud

• Control Environment

The Importance of Good Control Environment The Five Components in COSO Other Important Factors You Should Consider in Mitigating Fraud

• Fraud Prevention Programme

Developing a Fraud Prevention Programme The Essentials of a Fraud Prevention Programme Who Owns and Responsible for Fraud?

• Fraud Risk Register

What Makes a Good Fraud Risk Register The Seven Steps in Developing a Fraud Risk Register Prepare a Fraud Risk Register for an Identified Fraud Risk

• Recapitulation

Questions and Answers Review