Course description
Fraud detection is a set of activities undertaken to prevent money or property from being obtained through false pretences. Fraud detection is applied to many industries such as banking or insurance.
Fraud Prevention training has been a necessary part of the business for a long time. The need to protect the business, its brand reputation, its people, its profits, and its financial secrets are critical, the value of which is often only recognized when something goes wrong. Every business, or individual, will be protected by some type of Fraud Prevention measures, with most measures being so normal that they are a simple part of our everyday lives.
Upcoming start dates
Upcoming start dates
Suitability - Who should attend?
Fraud Prevention and Detection Training Course, is ideal for :
Those that wish to embark within a professional career as a fraud prevention manager or you fall into the following categories:
- Gain a higher qualification in the subject of fraud management
- Those that wish to go onto a Degree or Master programme at university
- Combine with Physical Security and Information Protection qualifications
- Continuing Professional Development
- Interest purposes
Outcome / Qualification etc.
At the end of the Fraud Prevention and Detection Training Course, you will be able to :
- Interpret the nature of frequently reported fraud types.
- Evaluate and challenge management’s fraud risks
- Identify the key enablers of fraud.
- Understand how a fraudster thinks
- Apply successful techniques to help prevent fraud
- Promote an effective fraud prevention process
- Adopt data mining as a fraud prevention and detection tool
- Apply an effective fraud investigation process
- Apply audit skills to fraud investigation
- Spot when someone is not telling you the truth
Training Course Content
Day 1
Introduction
- The definition of fraud
- Different types of fraud
- Fraud Mitigation
- The Relationship between Fraud, Risk and Control
- Legislation relevant to fraud
Day 2
Best Practice Fraud Prevention Process
- Implementing a Best Practice Fraud Prevention Process
- Development of a Fraud Awareness Programme
- Anti-Money Laundering – issues and requirements
Day 3
The consequences of fraud for individuals, businesses and organisations
- The facts that explain how and why fraud occurs
- Circumstances that increase the likelihood of fraud occurring
- Fraud risk management
Day 4
Managing the Investigation
- Interviewing Suspects and Witnesses
- Creating a zero-tolerance culture
- Anti-fraud policies
- Use of Computer Assisted Audit Techniques (CAAT’s)
Day 5
Automated Fraud Detection
- Practical Uses of Data Mining and the Results Achievable
- Communicating the Results
- Rebuilding Damaged Relationships
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London Premier Centre
London Premier Centre is a UK leading training provider based in London and specialises in international short courses. Our inspiring, comprehensive portfolio of more than 400 professional development courses and seminars covers a wide range of professions from Administration, Leadership,...