Introduction
Due to the rising complexity of business transactions and the sophistication of fraud schemes, it is imperative that an organization maintains strong internal controls that ensure assets are protected, accurate financial reporting is maintained, and legislation is strictly adhered to. Therefore, this course is designed to equip participants with the essential skills and knowledge needed to handle robust internal controls and effectively prevent fraud within their organizations. Participants will gain deep understanding of internal controls frameworks and practical anti-fraud techniques.
Course Outline
- Module 1
- Module 2
- Module 3
- Module 4
- Module 5
- Course Objectives
- Target Audience
Internal Controls
- Introduction to internal controls
- Components of internal control systems.
- Internal controls and corporate governance.
- Legal and regulatory framework.
- Internal control frameworks (COSO, SOX)
- Internal controls and corporate ethics.
Fundamentals of Fraud
- Overview of fraud.
- Types of fraud.
- The fraud triangle.
- Red flags of fraud.
- Fraud detection techniques.
- Data analytics for fraud detection.
- Forensic accounting.
Internal Control & Risk
- Risk management frameworks.
- Conducting risk assessments.
- Identifying and assessing fraud risks.
- Linking internal controls to identified risks.
- Technology’s role in risk management.
- Preventative vs. detective control.
Fraud Investigation Techniques
- Cybersecurity and fraud prevention.
- Legal aspects of fraud investigation.
- Conducting effective fraud investigations.
- Interview techniques in fraud investigation.
- Documenting evidence and the investigation process.
- Ethical considerations in fraud investigations.
Fraud Prevention
- Fraud prevention culture.
- Fraud response plan.
- Improving fraud prevention measures.
- Training and awareness programs.
- Role of technology in enhancing internal controls.
- Evaluating the effectiveness of internal controls.
By the end of this course, participants will be able to:
- Explore the frameworks and the components of strong internal control systems.
- Gain insights into common types of fraud and the techniques for detection and prevention.
- Master the skills necessary for risk assessments to identify vulnerabilities.
- The role of forensic accounting to uncover and investigate fraudulent activities.
- Explore how technologies tools can aid in fraud detection and prevention.
- Explore fraud response plan that outlines procedures to follow when fraud is detected.
- Understand the importance of improving internal control systems.
This course is ideal for:
- Internal auditors.
- Accountants.
- Risk managers.
- Compliance officers.
- Financial and operational managers.
- IT Security professionals.
Course Schedule & Fees
- Kuala Lumpur
- Singapore
- Amsterdam
- Online
- Course Fees
This course will take place in Kuala Lumpur on the following dates:
| 05/05/2025 | 19/05/2025 | 02/06/2025 | 16/06/2025 |
| 30/06/2025 | 14/07/2025 | 28/07/2025 | 11/08/2025 |
| 25/08/2025 | 08/09/2025 | 22/09/2025 | 06/10/2025 |
| 27/10/2025 | 10/11/2025 | 24/11/2025 | 08/12/2025 |
| 22/12/2025 | 05/01/2026 | 19/01/2026 | 02/02/2026 |
This course will take place in Singapore on the following dates:
| 26/05/2025 | 16/06/2025 | 07/07/2025 | 28/07/2025 |
| 18/08/2025 | 08/09/2025 | 29/09/2025 | 20/10/2025 |
| 10/11/2025 | 01/12/2025 | 22/12/2025 | 12/01/2026 |
| 02/02/2026 | 23/02/2026 |
This course will take place in Amsterdam on the following dates:
| 12/05/2025 | 02/06/2025 | 23/06/2025 | 14/07/2025 |
| 04/08/2025 | 25/08/2025 | 15/09/2025 | 06/10/2025 |
| 27/10/2025 | 17/11/2025 | 08/12/2025 | 29/12/2025 |
| 19/01/2026 | 19/01/2026 |
This course will take place Online the following dates:
| 13/05/2025 | 10/06/2025 | 08/07/2025 | 05/08/2025 |
| 02/09/2025 | 30/09/2025 | 28/10/2025 | 25/11/2025 |
| 23/12/2025 | 20/01/2026 | 17/02/2026 |
| Kuala Lumpur | Singapore | Amsterdam | Online |
| USD$ 3,580 | USD$ 5,600 | USD$ 5,600 | USD$ 1,920 |
