The global body for professional accountants

3
UNITS

On demand | ACCA

Fraud prevention and response planning

This session offers practical insights and real-world examples in fraud prevention to ensure that participants can apply their knowledge effectively in their professional roles

Overview

Confident-looking person

This is an on-demand recording of a UK webinar.

Fraud is rarely out of the headlines as recent reports suggest that fraudsters stole £580million through unauthorised and authorised fraud in the first half of 2023.

In today's increasingly complex business environment, the ability to detect, prevent, and respond to fraud is critical for organisations of all sizes. This webinar will cover key concepts, strategies, and best practices for addressing fraud, ensuring that participants are better prepared to safeguard their organisations against fraud and a better understanding of fraud response plans.

At the end of this session, participants will have a better understanding of fraud, be able to develop and implement a fraud response plan and be better equipped to protect their organisations from fraudulent activities and identify the key red flags.

This session offers practical insights and real-world examples to ensure that participants can apply their knowledge effectively in their professional roles.

Introduction to fraud

  • Understanding the different types of fraud (e.g., financial, identity theft, occupational, cyber fraud)
  • The impact of fraud on individuals and organisations

Fraud detection and prevention

  • Identifying red flags and warning signs
  • Common methods and techniques used by fraudsters
  • Strategies for reducing the risk of fraud

Building a fraud response plan

  • The importance of a fraud response plan
  • Key elements of a robust fraud response plan
  • Developing an incident response team

Internal controls and risk mitigation

  • Implementing effective internal controls
  • Fraud risk assessment

Dr Stephen Hill

Dr Stephen Hill is the managing director of Hill Bingham Ltd. He is an expert trainer and consultant with over 20 years’ experience providing services to the private and public sector in fraud (cyber) risk management, data security/protection and internet investigations & open source intelligence.

Dr Hill has spoken at conferences in the UK, Europe, UAE and SE Asia aimed at both corporate and regulatory sectors including running a special cyber security and OSINT course in Abu Dhabi for ADAA (Abu Dhabi Accountability Authority).

CPD units

  • Your attendance in this class will accord you 3 CPD units
  • A CPD certificate will be emailed to you within 3 business days after the completion of this on-demand webinar and its evaluation.

Price

Member 388 MYR

Affiliate 422 MYR

Approved employers 456 MYR

Student 422 MYR

Public 490 MYR

Location

Malaysia

Date & time

On demand

Delivered by

ACCA logo