Economic Crime and Fraud Prevention - Level 2

• Delegates who have a direct responsibility for the detection and investigation of economic crime and fraud prevention, or who are looking to obtain specific skills within this area.

Course objectives

• To appreciate and apply advanced revenue and fraud management strategies and processes
• To understand and leverage the relationships between commercial requirements and contractual frameworks whilst managing end client relationships and perceptions
• To construct effective contractual frameworks and performance agreements
• To take away specific action plans to further develop their role and organisational benefit

Course content

Review of Key Function Action Points

• Review of key economic crime foundations
• Global best practice – case studies and analysis
• Key contribution of internal and external audits
• Delegate action planning

Economic crime – by organisations

• Money laundering
• Off shoring via corporate structures
• Working with global enforcement agencies
• Developing effective detection, prevention and compliance systems

The economic crime-fighting toolkit

• Financial analysis – practical systems and process
• International Financial reporting Standards (IFRS)
• Risk based process mapping
• GAP analysis techniques

Conducting effective audits

• Pre-audit planning
• Effective audit sampling techniques
• Recording findings during the audit
• Engaging effectively with stakeholders

Developing Defence Systems

• Overview of electronic defence systems
• Integrating technology and internal process controls
• Global best practice
• Developing defences against new and emerging threats