FRAUD & INTERNAL CONTROLS COURSE

INTRODUCTION

Have you put measures to safeguard your organization resources from misuse, fraud and misappropriation? Have you instituted Internal Controls in your organization? Are you losing money and other resources due to weak controls, fraud, and misuse? As a Director, Manager or even business owner, how do you institute internal controls in your organization?

Weak internal controls expose organizations resources to exploitation. Excessive internal controls reduce productivity, increase the complexity of everyday transactions, and add no value to the organization's activities. Designing and implementing an effective system of Internal Control for your organization or department is an important step towards safeguarding your resources and ensuring efficient utilization. Directors, Senior Managers, Supervisors and even business owners must identify the key internal control exposure areas in your organizations and institute effective control measures as a way of ensuring that organizational resources are safeguarded.

DURATION

5 Days

WHO SHOULD ATTEND?

·       Directors

·       HODs

·       Managers

·       Supervisors

·       Any staff overseeing a function/ unit

·       Finance staff

·       Internal Audit

·       Risk & Compliance

·       CEOs

·       CFOs and Business owners

 

LEARNING OBJECTIVES

At the end of this training course, you will learn:

• Explain the concepts and principles of internal controls
• Appreciate the true cost of financial fraud, both in relation to specific businesses/organizations and society as a whole
• Describe the traits and behavior of those who commit fraud
• Apply in-depth investigation of fraud detection techniques
• Conduct gathering of intelligence, case planning, establishing goals and ultimately initiating a case.
• Gather evidence that can prove or disapprove a case
• Plan and conduct effective interviews
• Assess risk factors and best practices in risk prevention
• Identify different types of cyber-data and crime

TOPICS TO BE COVERED              

• Demystifying Internal Controls
• Internal Controls & Risk Management
• Role of the Board and Management in setting up Internal Controls
• Identifying Internal Controls Lapse prone areas and Instituting Controls
• Fraud Reflags
• Detecting & Preventing Fraud

 

METHODOLOGY

The instructor-led pieces of training are delivered using a combined learning approach and comprise of presentations, practical sessions, and online tutorials. Our facilitators are seasoned industry experts with years of experience, working as professionals and trainers in these fields.

All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

ACCREDITATION

Upon successful completion of this training, participants will be issued with Profound Research Services (PRC) certificate.

TRAINING VENUE

The training will be held at PRC Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch.

All participants will additionally cater for travel expenses, visa application (where applicable), insurance among other personal expenses.

MEALS, ACCOMMODATION AND AIRPORT PICKUP

Breakfast, lunch, bottled water and evening refreshments/tea are provided at the venue during the training. Supper/dinner is catered for by the participant

Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it..  

Mobile: +254 74040112

TAILOR-MADE

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our PRC Training Centre or at a convenient location.

For further inquiries, please contact us on Tel: +254 74040112 or mail This email address is being protected from spambots. You need JavaScript enabled to view it.

PAYMENT

Payment should be transferred to PRC account through the bank details provided on the invoice.

Send proof of payment to This email address is being protected from spambots. You need JavaScript enabled to view it. 

 

Please Note: The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.