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It Includes
- 5 Days training program
- Live Virtual Training
- Learn on any PC/Mobile/Tablet
- Unlimited Doubt Sessions
- Online Labs (if applicable)
- Official Courseware & Kits
- Get Recording after session
- Get Certificate of Completion
- Mock Tests & Exam Preps
- Classroom Training (Optional)
Training 2 or more people?
Get a custom quote for group training, Onsite & classroom options.
Request a QuoteCourse Overview
COURSE OBJECTIVE
Fraud and Corruption is costing corporations and government 5% of revenue or spend, according to the ACFE (Association of Certified Fraud Examiners). This equates to US$4 trillion per year. This is a worldwide epidemic and can only be tackled by effective Fraud Risk Management. The most effective way to manage and combat Fraud is to train fraud fighters and employees in identifying key indicators of fraud and in the latest techniques for identifying, investigation and managing fraud risk. This course will equip you to manage and fight fraud and be a part of the process to reduce the impact on organisations, whilst assisting you in positive career advancement.
Who Should Attend?
- Internal Auditors
- Risk Managers
- Fraud Investigators and examiners
- Financial Managers
- Corporate Fraud Police
- Banking employees/managers
- Security experts
- Big 4 Accountants and Auditors
- Lawyers
Course Outline
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An introduction to Fraud and Corruption
- Fraud and Corruption Defined
- Classes of Fraud
- Asset Misappropriation
- Financial Statement Fraud
- Corruption
- Understanding Human Behaviour and the decision to steal
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Current Fraud Trends
- Worldwide trends in Fraud and Corruption
- Fraud Statistics
- A look at some recent Corporate Frauds making history
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Anti-Fraud Programs
- A Fraud Prevention Strategy for your organisation
- Constituent Parts of a Sound Anti-Fraud Program
- Effective Fraud Control
- Code of Business Ethics and Conduct
- Let’s work through a Fraud Policy for your Organisation
-
Fraud Risk Assessment
- Fraud Risk Assessment defined
- Fraud Risk Influencers
- What makes a successful Fraud Risk Assessment
- The Fraud Risk Assessment Process
- Let’s work through a Fraud Risk Assessment Case Study
-
The Fraud Risk Register and Heat map
- The Fraud Risk Assessment and its link to the Audit Process Fraud Hotlines
- The History of Whistle-blowing
- The Characteristics of a successful Whistle-blowing Hotline
- How to get the most out of your Fraud Hotline
- The Value of Anonymity
-
Profiling the Fraudster
- Understand the Motives
- Identify and understand the Characteristics of a Fraudster
- Departments most prone to Fraud
- Positions most prone to Fraud
- High Risk Industries
-
Investigating and Detecting Corporate Fraud
- Procurement Fraud
- Fraud in the Purchase Invoicing Process
- Cheque Fraud
- Credit Card Fraud
- Payroll Fraud
- Fraud in the Tender Process
- Fraud in the Sales Process
- Stock Fraud
- Syndicated Activity
- Balance Sheet mis-statement
- Tips for the Investigator
- Detection techniques
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Handwriting and Document Analysis
- Counterfeiting versus Forgery
- Forensic methods of analysis
- Examples and Characteristics of Handwriting and Document Fraud
- Handwriting exercise. Let’s analyse our own handwriting
- How to Analyse and identify Paper, ink, Pens, Pencils, Printers and Photocopiers
-
Interviewing Skills
- The Skills that make a good Interview
- The Stages of an Interview
- Effective Note Taking
- What about Recording?
- Body Language and recognizing non-verbal responses
- Role Play Interviews in class
-
Financial Statement Fraud
- Definition of Financial Statement Fraud
- A study of some major Financial Statement Frauds
- Understanding Financial Statements from a Fraud Risk Perspective
- Who benefits from Financial Statement Fraud?
- How is Financial Statement Fraud Committed
- A look at Non-Financial Statement Fraud
- Red Flags
-
Blockchain and Cryptocurrency/Bitcoin Investigations
- Understanding Blockchain and Blockchain Forensics
- What are the Fraud Risks
- Fraud Prevention in the Blockchain
- Currency flow diagrams
- Blockchain analytics
- Wallet Risk Score Ranking
-
Evidence Gathering and Preparing for Court
- Introduction and types of Evidence
- Ordinary Witness versus Expert Witness
- Subpoena’s to attend
- The Admissibility debate
- Testifying as an Expert Witness
- Courtroom Testimony Tips
- The Forensic Opinion. Factual Findings
-
Anti-Money Laundering (AML)
- Let’s work through an AML case-study
- The three levels of AML - Placement, Layering and Integration
- A typical Money Laundering Scheme
- Al Capone and the origin of the phrase “money Laundering”
- International Anti-Money Laundering Organizations and Initiatives
- Some recent cases
- Bitcoin and its use in Money Laundering
- A walk through the Financial Action Task Force (FATF) AML Principles
-
Anti-Bribery and Corruption
- Bribery and Corruption, Managing the Risk
- The Foreign Corrupt Practices Act (FCPA)
- Let’s work through an FCPA Compliance Review
- The UK Bribery Act (UKBA)
- The importance of Managing Conflicts of Interest
- The Workings of Transparency International
- Let’s look at Transparency International’s Corruption Perception Index
- An examination of some of the World’s Worst Corruption Cases
-
Computer Forensics and Data Analytics in Fraud Detection
- How technology assists both the Fraudster and the Investigator
- Mining Data to spot the anomalies
- The Admissibility debate
- Analysing data sets using Forensics Software
- Let’s work through a data analytics case study
- Identifying the Red Flags Cybercrime
- Internet based Fraud
- Let’s work through a real-life
-
Cybercrime example/ case study
- The Inquisitive IT employee
- How Hackers can help us
- Be on guard for that rogue email address
- Social Engineering
- A Cybercrime Policy to Protect your Organisation
-
Financial Scams and Social Media Fraud
- The Risk of using the Internet for transfers of Value
- Social Engineering Fraud
- Pyramid and Ponzi Schemes defined
- Lottery Fraud Schemes
- I.D. Theft
- “Too good to be true” Investment Scams
- ATM Fraud
- “419” Schemes/Advance Fee Fraud
-
Integrating Fraud Control into your Internal Control Strategy
- Levels of Internal Control
- 3 (now 5) Lines of Defence Model
- A Strategy for Implementing Fraud Control
- Designing an Internal Control Environment to include Fraud Management
-
The Role of Audit in Managing Fraud
- Audit and Assurance as a fundamental Fraud Control
- External Audit and Internal Audit Roles in Fraud Prevention and Investigation
- Accounting Guidelines and Best Practices
- Fraud Investigation Techniques for Internal Auditors
- Fraud Prevention for Internal Auditors A Look at Some World-Wide Recent Fraud Scandals
Vendor
Frequently Asked Questions
-
How does Live Training works?
Live training, also known as online training, is a method of delivering training in real-time over the internet. The trainer and the trainees are connected through video conferencing software, allowing for interactive communication and collaboration. During live training, the trainer can present materials, lead discussions, answer questions, and engage with the trainees in real-time. -
Does Learnfly offer Classroom & Onsite training as well?
Yes. We Do! We do offer classroom, onsite, group sessions & 1 on 1 training for selective courses. Contact our support team and our team will assist you with the process. -
Do you provide certification and exam assistance?
Yes! We provide assistance in scheduling & preparing for your exam after a successful training completion. Once you successfully pass your exam, you will be awarded with a certification. -
What if I miss my scheduled class or want to reschedule?
No worries. You can simply request for the next date as per your availability. -
Can I change the trainer if not satisfied?
We only provide highly qualified and certified trainers with 100% satisfaction rate. However, if you are not satisfied with the trainer, you can request for a free replacement. -
Do I get a lab access with the course?
Yes! If your training require a lab access, then it will be included in the price. -
Is Learnfly accredited?
Yes! Learnfly is accredited with many renowned vendors like Microsoft, ISACA, VMWare, PECB, EC Council. Cisco and many more. -
Are Learnfly Instructor's Certified?
Yes. We only provide training via Certified Instructors. -
Where is Learnfly Located?
Learnfly is a global training provider with locations in India, United States, United Kingdom, UAE, Australia & Africa. -
Does Learnfly offer after training support?
Yes. We offer 1 month free support after your training completion for any queries related to your course, examination etc. -
What is Learnfly Platform?
Learnfly Platform is an omnnichannel Learning Management System that allows you to access thousands of self paced courses, attend live classes, track certifications, access interactive quizzes & assignments, Online labs, connect with Instructors & do much more. Join the platform to know more. -
Do you offer a demo live session with an instructor?
Yes! If you need a demo session to get a feel of live training or to evaluate an instructor, then you can request for a 15 minutes free live session. Connect with our training team for more info. -
Can I get a refund if not satisfied?
All of our training comes with 30 days money back guarantee. Refunds are only applicable on instructor training. Exam, labs are non-refundable. -
How can I make a payment for my training?
We accept all major payment methods like debit/credit card, PayPal and Bank Wire transfer. For bank transfer, please contact us at support@learnfly.com -
How can i get started?
Super! Simply click on "Book Now" button on this page to reserve your seat and make a payment. You can choose from available schedules or provide your own. For anything else like quotation, purchase order, bank wire details etc, please contact our training team at support@learnfly.com. See you learning with us soon!
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I enrolled in ECIH course from Learnfly. This platform enabled me to learn difficult concepts with ease and that too at my own pace. I completed the course in a comfortable environment and would surely recommend Learnfly for this IT course that is well in demand.
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I enrolled in Machine Learning course from Learnfly. It was a good learning experience and I learnt the concepts well through the video lectures. The videos were well designed and helped me follow a step-by-step approach to complete my course. I recommend Learnfly for this course.
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I was thrilled to pursue Artificial Intelligence course. It is in high demand. I started searching for a good online platform and luckily found Learnfly. I was initially skeptical about it but later found that it was good. My course was completed in a hassle-free manner. Kudos to Learnfly!
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I pursued CEH from Learnfly. I easily understood the stuff as it was imparted in a fresh manner through well-structured video lectures. All the topics were covered in the videos and I could access them as per my requirements at different points of time. I recommend Learnfly platform to save both your time and money.
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There is high demand for Artificial Intelligence course in the job market these days. I chose Learnfly to pursue this course. The video lectures were designed in a learner-friendly way and it was really convenient for me to understand the concepts well in a short span of time invested.
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Machine Learning is a course that is in demand these days. I was not interested to pursue it through classroom lecture mode. I searched for few platforms offering this course online but finally opted for Learnfly. It trained me for the technology and I am now able to gain a better position in my company after learning at my own and attaining the certificate.
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