Detection and prevention of fraud is one of the most important requirements to run a successful business. So is responding to fraud once it is discovered. Unfortunately the nature of fraud is such that detection is sometimes very difficult, making prevention even more important.
This session aims to create awareness of fraud within the workplace and how we can work towards reducing the impact through proper controls and preventative measures. It also looks at responding to fraud once it has been identified.
It is important that not only those charged with governance and management are aware of the impact of fraud, but also employees, in order for them to be able to identify fraud and report it.
• What constitutes Fraud
• Types and examples of fraud
• Responsibility towards fraud
• Fraud risk triangle
• Fraud risk factors that could lead to fraud
• Fraud risk identification and assessment
• Responding to fraud risks – implementing controls
• Reporting requirements relating to fraud
o Communicating within the business
o Communicating to outside parties including whistleblowing
o Protection for whistle blowers
Investment managers
Financial managers
Auditors
Bookkeepers
☒Financial accountants
First year SAICA Trainees
Second year SAICA trainees
Third year SAICA trainees
Fourth year SAICA trainees
Fifth year SAICA trainees
Audit mangers
Audit partners
Engagement Quality Control Reviewers
Compliance officers
Ethics officers
