Fraud and corruption risk in business

Overview:

This one day course will seek to offer attendees a full understanding of the threat that various types of fraud poses, how to recognise where the threats may be and how to respond to them.

It is aimed at financial staff from book-keepers up to finance directors and other managers in any organisations that could become the victim of fraud. As it affects business and government entities of all shapes and sizes, it makes prevention and detection everyone's business.

Course Content:

• Overview of fraud
• The impact of fraud
• Cause of fraud and fraudster profiles
• The fraud triangle
• The Fraud Act 2006

Corporate fraud

• Management vs employee fraud

Risk factors

• Personnel, organisational and cultural risks
• Preventing fraud
• Whistle blowing

Procurement fraud

• Bribery
• Double invoice fraud
• Stock theft

Debtor fraud

• Teaming and lading
• Long firm fraud
• Bad debt write-offs

Payroll and expenses fraud

• Asset misappropriation

Tax fraud

• VAT fraud
• MTIC fraud

Sector fraud

• Hotel, retail, charity, healthcare, insurance

Investment fraud

• Pyramid schemes
• Boiler room scams

Money laundering

• UK legislation
• SAR’s
• Politically exposed persons (PEPs)
• Anti-money laundering and combating terrorist financing

The external auditor’s role

• ISA 240 & ISA 315
• Internal controls
• Reporting fraud
• Internal auditors’ role

Directors’ duties and role in fraud prevention

Corporate governance 

Dr Stephen Hill

Dr Stephen Hill, BSc (Hons), MLPI, CIIP, PhD is an expert trainer and consultant with over 20 years’ experience in fraud and cyber risk management, data protection, and open-source intelligence (OSINT). He previously spent 11 years leading the Fraud and Forensic Group at a top international firm of chartered accountants, advising clients on fraud prevention, detection, and asset recovery in collaboration with law enforcement and regulatory bodies.

Stephen served for 12 years as a Trustee Director of the Fraud Advisory Panel and now acts as a Special Advisor, having chaired its Cybercrime Working Group. He is an honorary steering committee member of the London Fraud Forum, sits on the ACFE UK Chapter committee, and is Co-Director of Fraud Training Ltd, the exclusive UK provider of the Certified Fraud Examiner (CFE) Exam Review Course.

He has trained the National Crime Agency and National Cyber Crime Unit and is now an NCA Special Advisor on OSINT and internet investigations. Stephen has delivered training and spoken internationally across the UK, Europe, the UAE, Southeast Asia, Australia, and New Zealand, working with police forces, government departments, financial institutions, and global organisations.

A published author and media commentator, Stephen wrote Corporate Fraud: Prevention & Detection (Bloomsbury Professional), with royalties donated to Victim Support, and is currently writing a new book on OSINT. He also supports the City of London Police as a volunteer, lectures at the Economic Crime Academy, and engages in safeguarding education through school outreach.

6 CPD units

ACCA members can use this learning to meet their CPD requirements provided it is relevant to their career. If the event contributes to general knowledge and skills, it should be recorded as non-verifiable CPD. If the learning can be applied in the workplace, it will contribute to verifiable CPD.

1 hour of learning = 1 unit of CPD.

Fee: 136 GBP + VAT (163.2) per delegate

Please note: If you're unable to attend the live webinar, a recording will be available on demand within 24 hours. You'll have access to the sessions for a full 12 months.

The webinar handout material will be available on the webinar platform when you log in to view, 15 minutes before the live webinar start.

If you wish to view or download handout materials, before the day of the webinar, they will also be available through your document library on https://events.accaglobal.com.

This event is organised by ACCA Continuous Learning.

If you have any queries regarding this event please contact us on: