– Fraud, supplier collusion, ghost employees and much more
Key takeaways from the course
- What fraud is and what are the most common types of fraud
- How fraud impacts organisations and society
- How to assess the risk of fraud
- How to uncover fraud
- How to investigate claims of fraud
- Why people end up conducting fraud
- How to prevent fraud
Fraud and other economic crimes are a fact of life for most organisations, whether big or small, public or private. The vast majority of employees would never dream of conducting fraud. However, a small minority misuse the power they have at work to enrichen themselves, whether due to financial problems or an appetite for wealth.
Annual losses due to fraud for an average company are estimated to amount to up to 5% of revenue. Fraud can be tricky to uncover, and tricky to investigate. Many organisations rely on whistleblowers to report cases and may only uncover the tip of the iceberg when it comes to fraud.
- Type of fraud – an introduction into the many aspects of fraud, including embezzlement, sales skimming, fraudulent reimbursements, supplier fraud, and financial statement fraud
- Risk assessment – understanding your risk exposure to fraud
- Prevalence of fraud – how common is fraud, by geography, industry, company size and much more
- Impact – the effects and costs of fraud for organisations and society
- Uncovering fraud – encouraging people and business partners to report fraud and proactively identifying cases of fraud
- Investigating fraud – how to establish and document that fraud has taken place, including analyses of payment data and other financial data
- Interviewing witnesses and the fraudster – how to get the information that you need, and the special characteristics of an interviews with alleged fraudsters
- The fraudster – profile, characteristics
- Why do people conduct fraud? - an introduction to the fraud triangle and the psychology behind fraud
- Prevention – what can you do to prevent fraud or make it harder for people to defraud you?
The course is relevant for a varied group of professionals involved in uncovering or preventing fraud. This could be financial compliance managers, legal compliance managers, financial controllers, auditors, company lawyers, external lawyers, fraud specialists, and others.
We aim to make this an interactive course, including presentation by the trainers on key topics, but also a lot of input and discussions from the participants. Fraud varies from organisation to organisation, and we are keen to bring your input and experience into play.
The course will include short lectures as well as plenary discussions, group work and cases.
Du får adgang til relevant kursusmateriale på JUC’s online materialeportal.
Kurset kan godkendes som obligatorisk efteruddannelse for advokater.